However, higher Henry Hub natural gas prices will offset the impact to some extent.

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That is about nine times the US benchmark -- the Henry Hub futures price -- for LNG.

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What ironically caught them short was acquiring more expensive liquid fields at the same time Henry Hub was plummeting.

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Japan typically pays about four times the Henry Hub rate for its imports.

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More ambitious US players will keep telling the market that Henry Hub prices will firm into 2013 back to more sustainable levels, but evidence for this remains thin.

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In the case of Royal Dutch Shell, the RSI reading has hit 70.1 by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 54.5, the RSI of WTI Crude Oil is at 53.2, and the RSI of Henry Hub Natural Gas is presently 46.2.

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