My royalty checks are at an all time low are gas prices really that bad right now?
I don’t know where you are, but in the absence of anything else, your checks should be at an all time low every month. (pricing constant, production declining)
Gas prices aren’t great and some places your differential to Henry Hub can be pretty extreme. Here are the average Henry Hub prices for 2023.
Jan: 3.27 Feb: 2.38 Mar: 2.31 Apr: 2.16 May: 2.15 Jun: 2.18 Jul: 2.55
Your last check is probably for sales in June. Henry Hub today is $2.69. In 2022 the average price was $6.42. Blerrrrr…
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