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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.
Indeed, the latest consumer price index (CPI) data, released March 12, showed that gas prices were up 3.8% in February. Check Out: 10 Expenses Most Likely To Drain Your Checking Account Each Month
The increase reflects higher nationwide wholesale natural gas prices ... which would make an average winter bill of $131 per month, but it will spread costs out through months with lower demand ...
Price per million BTU of oil and natural gas in the US, 1998-2015 Natural gas prices spiked to $23.86 on February 17, 2021 because of the Texas power crisis. [14] In February 2003 there was a similar spike in natural gas prices because of shortages. [15]
Natural gas prices at the Waha Hub in West Texas have been negative a record number of times so far this year. ... Waha gas closed at -$0.845 per million British thermal units and sank as low as ...
January gas supplied by Russia to Europe was 1.7b m3 compared with 13b m3 average per month for the 2021 year. [32] The price of natural gas in Europe fell to an 18-month low in mid February of €49pmh with gas storage across the European Union at 65% capacity, well above the average of 45% at this time of year. [33]
The current national gas price average is $3.62 per gallon. The average cost of gas has decreased 15% in the last two years, from when it was $4.27 per gallon .
JUNO BEACH — The volatility in natural gas prices is giving the state’s largest utility pause over raising ... A customer using 1,000 kilowatt hours of energy per month is now paying $34.87 ...
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