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I'm rooting for them but $35/MCF is more like 10x current market price. "Henry Hub Natural Gas Spot Price is at a current level of 3.21, down from 3.22 the pre
by tln 1y ago
I'm rooting for them but $35/MCF is more like 10x current market price.
"Henry Hub Natural Gas Spot Price is at a current level of 3.21, down from 3.22 the previous market day and up from 2.17 one year ago." That's in $/MMBTU, divide by 1.038 to get $/MCF.
- ggreer 1y agoThat's the price at a hub before distribution & transport. For comparison, the cost in Hawaii is $23/MCF. Terraform's plan is to make synthesis plants closer to where the natural gas would be used, reducing distribution & transport costs.