It's not just oil and gasoline prices that have been plunging since last summer. The December natural gas price ($5.81 per million BTUs) was less than half of the June price of $12.69 (see chart above). The 54% drop from the June 2008 peak brings natural gas prices to the lowest levels since 2006.
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Friday, January 16, 2009
Natural Gas Prices Have Fallen By 54% Since June
It's not just oil and gasoline prices that have been plunging since last summer. The December natural gas price ($5.81 per million BTUs) was less than half of the June price of $12.69 (see chart above). The 54% drop from the June 2008 peak brings natural gas prices to the lowest levels since 2006.
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