natural gas prices

Henry Hub Daily Natural Gas Spot Price Fell to Record Lows in February

The U.S. benchmark Henry Hub daily natural gas price averaged $1.50 per million British thermal units (MMBtu) on February 20, 2024, the lowest price in inflation-adjusted dollars since at least 1997, according to data from Refinitiv Eikon. High natural gas production, low natural gas consumption, and higher natural gas inventories than the … [continued]

Source: Sustainable FERC Project

How Utilities Can Save Customers Billions of Dollars

If utilities modernize the way they select the resources they run each day, they can save carbon and reduce energy prices. Over the past three years, energy market prices have been exceptionally volatile. Natural gas prices spiked then tanked at the end of 2019 and wholesale market prices followed. When … [continued]

European Gas “Crisis” Has Global Ripple Effects

Germany activated the “alarm stage,” phase two of three of the country’s emergency methane-based gas plans, on Thursday after Russia’s Gazprom throttled deliveries by 60%. Phase three would allow the government to implement energy rationing. German economic minister Robert Habeck told reporters the cutbacks were a direct political attack in … [continued]