Supply/demand changes affect the price of natural gas. Benchmark Henry Hub prices averaged only $1.66/MMBtu in June 2020, a price level not seen in decades. However, Waha Hub prices in the Permian Basin have dropped below zero on several occasions in recent years as production growth overwhelmed pipeline capacity.
Questions about Natural Gas Prices
- How are natural gas prices quoted?
- Does fracking lower natural gas prices?
- How low can natural gas prices go?
- Are natural gas prices regulated?
- How do you compare natural gas prices?
- What is a good price for natural gas?
- Why is the Henry Hub important in relation to natural gas prices?
- What is the natural gas price forecast?
- What is the unit for natural gas price?
- When are natural gas prices lowest?
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