Energy Environmental Blog

Natural Gas Futures - EIA

Written by Greg Russell | Jan 23, 2012 11:09:26 AM

The Energy Information Administration (EIA) has an interesting report on natural gas futures prices ... interesting, but not necessarily encouraging if you're an operator:  "Natural gas prices on the New York Mercantile Exchange (NYMEX) settled at $2.488 per million British Thermal Units (MMBtu) on Tuesday, January 17. A near-month contract has not ended daily trading that low since March 5, 2002, nearly 10 years ago."  Graphically:

Read the whole thing.