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Content about Natural gas prices

December 8, 2009
Mild Winter Pushes Natural Gas Prices to New Low

NEW YORK — Natural gas prices have dropped well below what they were last year, and they should stay that way well into 2010, according to a recent Associated Press report. The New York Mercantile Exchange contract for January delivery at one point last week dropped to a new 52-week low of $4.432 per 1,000 cubic feet.

September 29, 2009
EIA Projects Lowest Natural Gas Prices Since 2001

WASHINGTON — The Energy Information Administration (EIA) projects the monthly "Henry Hub" natural-gas spot price to average $2.32 per thousand cubic feet (Mcf) in October, the lowest monthly average spot price since September 2001, according to the most recent Short-Term Energy Outlook.

December 2, 2008
Atlanta Drycleaners Seek $5 Million in Class-Action Suit

ATLANTA — Drycleaners Byung Ho Cheoun, Shiraz Kurani and Hae Sook Chung have filed a federal lawsuit seeking class-action status on behalf of more than 600 Korean-American and other drycleaners, alleging natural gas provider Infinite Energy defrauded the businesses through exorbitant prices locked into three-year contracts signed following Hurricane Katrina.

November 17, 2008
EIA Energy Outlook Predicts Lower Natural Gas Prices

WASHINGTON — The Energy Information Administration’s (EIA) short-term energy outlook for November indicates that the current economic downturn has led to a decrease in energy demand and a reduction in crude oil and other energy prices. As a result, projections for both energy demand and prices are much lower than last month’s outlook.

October 13, 2008
Colder Winter, Worsening Economic Conditions Point to Higher Natural Gas Costs

WASHINGTON — According to the National Oceanic Atmospheric Administration’s (NOAA) most recent projection of heating degree-days, the lower 48 states are forecast to be 2.4% colder this winter compared to last winter, so households heating primarily with natural gas are expected to spend an average of $155 (18%) more this winter, according to the United States Energy Information Administration (EIA).