LNG Price Differential - US and UK
The WSJ has a short article on the volatile relationship between US and UK liquefied natural gas prices and what we might see in 2010. "The difference between the price of gas at the benchmark Henry Hub in Louisiana and the price of the fuel at the U.K.'s National Balancing Point, or NBP, hub is closely eyed by the gas industry as a key determinant of LNG flows in the Atlantic. When U.K. gas prices are higher than U.S. prices, more LNG will arrive in the British Isles; when the reverse is true, more gas comes to North America."
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