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Natural gas prices are down nearly 40% year to date amid a glut in supply and a milder-than-expected winter. But analysts see an upside for the commodity going into the end of the year — in part ...
Natural gas prices rebounded on Monday, but remain range-bound after falling hard in February. Demand continues to fall and supply remain flat. Hedge funds exited long position in futures and ...
The national average price for a gallon of gas is going down in the U.S. with Tuesday's national average at just $3.14, according to AAA.
Price per million BTU of oil and natural gas in the US, 1998-2015. Natural gas prices, as with other commodity prices, are mainly driven by supply and demand fundamentals. However, natural gas prices may also be linked to the price of crude oil and petroleum products, especially in continental Europe.
Natural gas prices in Europe reached their highest point in September 2022 at a multiple of roughly 25 compared to two years prior. While gas prices are currently falling quickly on the spot market, the cost to distribute gas in the coming year will still be close to €150 per MWh, or a multiple of about seven. [93] [95] [96]
28 straight days that #gasprices have declined, the national average now $4.66/gal, Americans today will spend $142 million less on gasoline than on June 14. — Patrick De Haan (@GasBuddyGuy ...
Gas prices have declined 34 days in a row to the lowest level since May, and could soon fall below $4 per gallon, according to Patrick De Haan, head of petroleum analysis at GasBuddy.
In 2016 natural gas was used to provide 35% of all energy in Canada, double the amount supplied by electricity. [18] Electricity generated by natural gas was 8.5% of the nation's total. Natural gas is used to supply 50% of space heating, and 65% of water heating in homes, similarly 80% of businesses use natural gas for space and water heating. [19]