{
  "id": 6746459,
  "title": "New England natural gas prices have been trading near record discounts to Henry Hub",
  "url": "https://urgent.news/2026/09/11/new-england-natural-gas-prices-have-been-trading-near-record",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-11T10:00:23.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/new-england-natural-gas-prices-have-been-trading-near-record-discounts-to-henry-hub/"
  },
  "original_language": "en",
  "account": "Low-cost natural gas supplies from the Appalachian region and Canada, combined with reduced consumption in New England, have driven down natural gas prices at a major pricing hub to levels below the U.S. benchmark, Henry Hub. Algonquin Citygate prices averaged 43 cents per million British thermal units (MMBtu) cheaper than Henry Hub from April to July 2026, the second-largest discount recorded since 1999. In the past, Algonquin Citygate prices usually traded at a premium to Henry Hub during winter due to increased heating demand, but prices have remained low in spring and summer as heating demand decreased and solar generation rose. This year, the region has benefited from abundant low-cost natural gas from Appalachia, which accounted for 31% of U.S. natural gas production in 2025, the highest in any region. From April to July 2026, the Appalachia regional hub averaged a 77 cents/MMBtu lower price compared to Henry Hub, the second-largest discount ever reported. With pipeline connections to the Northeast, New England gains access to this affordable natural gas. Additionally, Canada is supplying record-high volumes of natural gas to New England. From April to July, Canada sent a record 0.4 billion cubic feet per day (Bcf/d) of natural gas to New England, more than double the volume in 2025. This increased supply, along with lower regional demand, coincided with a 5% decrease in natural gas consumption in New England from April to July 2026, compared to the same period in 2025. Electricity generation using natural gas also dropped by 1.1 billion kilowatthours (BkWh) (6%) during this period, while wind generation increased by 0.7 BkWh (59%) and utility-scale solar generation rose by 0.2 BkWh (29%).",
  "summary": "Low-cost Appalachian and Canadian natural gas supplies coupled with lower-than-usual regional consumption have pushed down natural gas prices at a major New England pricing hub in recent months to trade at a discount to the widely cited U.S. benchmark, Henry Hub. Natural gas prices at Algonquin Citygate averaged 43 cents per million British thermal units ...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}