Severe Winter Weather Across Large Portions of the Country, Natural Gas Prices Increasing - CleanTechnica
4 Articles
4 Articles
Natural Gas Prices Spike as Winter Storm Threatens Energy Bills - One Green Planet
Natural gas prices are soaring as a winter storm hits, exposing how fossil fuels strain families, animals, and the planet. The post Natural Gas Prices Spike as Winter Storm Threatens Energy Bills appeared first on One Green Planet.
Severe Winter Weather Across Large Portions of the Country, Natural Gas Prices Increasing - CleanTechnica
Natural gas daily spot prices at the benchmark Henry Hub rose sharply over the past week, reaching nearly $8.15 per million British thermal units on January 22 as colder weather increased demand for space heating across the country. Higher wholesale natural gas prices generally contribute to higher wholesale electricity prices. ... [continued] The post Severe Winter Weather Across Large Portions of the Country, Natural Gas Prices Increasing appe…
The extreme climate in the United States has caused cancellations of record flights and blackouts, while the winter storm keeps the pressure on natural gas high. The price of natural gas in the United States registered a drop of 6.18%, ranking at 6.38 dollars per million BTU. This adjustment responds to a market correction, after five consecutive sessions upwards in which the price accumulated an increase of 119%. Despite the decrease, prices re…
The winter storm that hit the United States this weekend caused the price of natural gas to skyrocket this Monday, reaching levels not seen for almost four years, due to supply failures caused by low temperatures. At the moment, natural gas is rising from 31.2%, to 6.92 dollars per million thermal units, being the first time that it exceeds 6 dollars since 2022, when the beginning of the war between Russia and Ukraine boosted prices in the marke…
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