Daily GPI / NGI All News Access


May 25, 2011
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In the story "EIA: Renewables Up, Gas Flat as Power Sources" (see Daily GPI, May 23), NGI incorrectly stated that the average price for natural gas used in power generation was $5.09/MMBtu a year ago. In fact, the average price paid for natural gas for power generation in February 2011 was $5.09/MMBtu, down 5.2% from the average price of $5.37/MMBtu paid in January 2011, and down 16% from the average price of $6.06/MMBtu paid in February 2010. NGI regrets the error.

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