During the report week (February 9-16), the Henry Hub spot price decreased $0.29 to $3.93 per million Btu (MMBtu). SEE EIA WEEKLY UPDATE HERE. Question: should electricity prices also lower?
Showing posts with label natural gas and electricity prices. Show all posts
Showing posts with label natural gas and electricity prices. Show all posts
Friday, February 18, 2011
Tuesday, February 8, 2011
UPDATE OF NATIONAL FORECASTS FOR NATURAL GAS AND ELECTRICITY PRICES....
U.S. Natural Gas Prices. The Henry Hub spot price averaged $4.49 per MMBtu in January, 2011, $0.24 per MMBtu greater than the average spot price in December 2010. EIA expects that the Henry Hub spot price will average $4.16 per MMBtu in 2011, a drop of $0.22 per MMBtu from the 2010 average.
U.S. Electricity Retail Prices. EIA expects the U.S. retail price for electricity distributed to the residential sector to rise slightly (0.6 percent) during 2011, after a small increase of 0.7 percent during 2010. The U.S. residential price increases by about 0.7 percent in 2012. These price increases are relatively small compared with the average annual growth rate of 3.5 percent over the period of 2000-2009.
CLICK HERE to review the complete EIA Short-Term Energy Outlook.
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