Natural Gas Spot Prices Now Below $2: Adjusted for Inflation, That Might Be the Lowest Price Ever

The spot price of natural gas fell below $2 per million BTUs this week, reaching lows not seen since 2001 in nominal terms (see chart above,

By Mark J. Perry: Based on data through the middle of February from the EIA, the inflation-adjusted spot price of natural gas (Henry Hub Gulf Coast) this month at $2.50 per million BTUs is close to the lowest price in the history of the EIA data back to January of 1997 (see chart above). There have been only three other months in the last 15 years that real spot gas prices have been lower: December 1998 ($2.40),

Last week the spot price of natural gas (Henry Hub Gulf Coast) fell to $2.30 per million BTUs, which is

Natural gas futures contracts closed at a price of $2.67 (per million BTUs) in trading Frida

Natural gas futures prices fell below $2 per million BTUs today for the first time since January 2002.  On an inflation-a

The U.S.

By Lior Cohen:During last week, natural gas prices declined again. The prices fell precipitately on Friday when the future and spot prices plunged by 6.1% and 4.05%, respectively. Will this downward trend continue in the weeks to follow or was it just another long squeeze?