Spencer Jakab
speaker
981 appearances
14 recordings
1 series
first heard Jul 2017
last heard Jun 2021
Spencer Jakab’s voice in public audio — every appearance, attributed to the second.
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Appearances
WSJ Your Money Briefing · Natural Gas Prices Could Rise This Winter Despite Glut · 25 Oct 2017
podcast
And that's when you have price spikes.
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And four years ago, you had prices basically double over the course of the winter that, you know, something like that could happen again if this winter is cold enough.
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Yeah, the Henry Hub, actually, I once called the operator at the Henry Hub.
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It's a place in Louisiana.
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And basically, just like you hear about WTI Oil, which is the U.S.
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benchmark, Henry Hub is the benchmark for gas.
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That's what futures prices are based on.
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There are different natural gas prices all over the U.S.
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There are parts of North America right now where natural gas prices, because there's just so much gas and so little place to move it, they're literally negative.
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They're negative a few cents.
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People are paying you to take it away.
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Oh, wow.
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Yeah.
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But the Henry Hub is a place where there are lots of, you know, there's plenty of pipelines crisscrossing.
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And that's the delivery point for the futures contract that we trade.
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And so when you hear Henry Hub futures, that means the price at the Henry Hub, which is near the Gulf Coast in Louisiana.
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I was going to say, it's the bear's lament, right?
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I mean, the hot stock can make you look silly.
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But Charlie is too modest to say it.
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But I mean, he's been right about everything except the share price.
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Showing 921–940 of 981 · page 47 of 50
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