PIPELINE MAINTENANCE

Workers from Enable Midstream perform routine maintenance calledd a controlled blowdown on a natural gas pipeline at S. Elm Street and West 106th Street Tuesday, Oct. 1, 2019. Nearby neighbors were told to expect a loud roar and a flare during the event. MIKE SIMONS/Tulsa World

A tropical storm in the Gulf of Mexico, cooler temperatures and word of progress in trade negotiations with China helped drive up natural gas prices last week, but continued strong production and storage levels still are threatening to hold down prices this winter.

The new cost for doing business in Tulsa.

For those who care about business and this community, we have a deal for you. Start a digital subscription for only $0.99. Sign up now at tulsaworld.com/subscribe.

The price of natural gas is important for Oklahoma’s economy. While the oil and natural gas industry in recent years primarily has focused on crude oil, the industry in Oklahoma still produces about 2.5 times more natural gas than oil.

Benchmark Henry Hub spot prices for natural gas gained 4 cents Friday to $2.36 per thousand cubic feet. The price is up almost 15 cents, or nearly 7%, from one week ago.

Subscribe to Daily Headlines

* I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy.