Natural Gas Sits in Storage Tanks in Erath

Natural Gas Sits in Storage Tanks in Erath

Derick E. Hingle/Bloomberg

Natural gas sits in storage tanks at the Amerada Hess gas processing plant adjacent to the Henry Hub, a facility operated by Chevron Corp. subsidiary Sabine Pipe Line LLC, in Erath, Louisiana. Demand for gas, used to heat half of U.S. households and generate 27 percent of the nation’s power, reached records from New York to Los Angeles in January, sending regional prices to all-time highs.