What was the price of natural gas in 2008?
Natural Gas Prices – Historical Chart
| Henry Hub Natural Gas Spot Price – Historical Annual Data | ||
|---|---|---|
| Year | Average Closing Price | Year Close |
| 2008 | $8.86 | $5.63 |
| 2007 | $6.97 | $7.11 |
| 2006 | $6.73 | $5.50 |
Why were natural gas prices so high in 2005?
Natural gas prices have reached historically high levels. The hurricanes worsened the underlying tightness of supply and demand. By shutting in a significant part of the Nation’s production for the year, supply tightened.
Why did natural gas prices spike in 2008?
The spikes of 2006 and 2008 were associated with supply disruptions in the Gulf of Mexico due to hurricane activity. The price spikes of the winter of 2000/2001 and February 2003 resulted from a combination of low levels of natural gas storage and high demand from colder than typical weather.
What were gas prices in 2010?
Supporting Information
| Year | Retail Gasoline Price (Current dollars/gallon) | Retail Gasoline Price (Constant 2015 dollars/gallon) |
|---|---|---|
| 2008 | 3.27 | 3.61 |
| 2009 | 2.35 | 2.58 |
| 2010 | 2.79 | 3.02 |
| 2011 | 3.53 | 3.75 |
Are natural gas prices going up?
Effective December 1, 2021, the procurement component of the core sales rate will increase 1.330 ¢/therm to 65.129 ¢/therm. Compared to a year ago, the procurement rate is about 80.1% higher (36.159 ¢/therm) than what it was effective December 2020.
What is the current price of natural gas in the US?
The prices shown are in U.S. dollars. The current price of natural gas as of December 01, 2020 is $2.89. Where should you invest $1,000 right now? We Need Your Support!
How much natural gas-fired electricity was generated in June 2020?
Despite daily natural gas spot prices at the Henry Hub averaging $3.26 per million British thermal units (MMBtu)—twice as high as prices in June 2020—natural gas-fired generation maintained its share of the fuel generation mix, accounting for 40% of electricity generated that month.
What is the current price of natural gas at Henry Hub?
Natural Gas Prices – Historical Chart. Interactive chart illustrating the history of Henry Hub natural gas prices. The prices shown are in U.S. dollars. The current price of natural gas as of June 30, 2020 is $1.76.
Is Southern California’s natural gas market under-supplied?
The Southern California natural gas market is currently under-supplied, as a result of a continuing outage on the El Paso Gas Transmission (EPGT) pipeline and a heat wave that swept through the region over the Labor Day weekend.
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