Waha
section of Marche-en-Famenne, Belgium
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business Mar 22, 2026, 1:00 AM
Natural gas prices plunge in Texas as producers burn off excess supply - Spot prices at the Waha gas trading hub in Texas fell to -$9.75 per million British thermal units, marking a historical low.
- Insufficient natural gas transportation infrastructure in the region leads to localized surpluses and negative pricing.
- Despite low gas prices, oil production remains profitable for drillers due to the high demand and prices for crude oil.
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2026 All rights reserved
2026 All rights reserved