Commercial Natural Gas Prices Drop To 12-Year Low In February, Saving Companies Billions Of Dollars
Posted on May 01, 2012 at 14:52 PM EDT
According to data released this week by the EIA, the U.S. price of natural gas sold to commercial consumers fell in February to $7.97 per thousand cubic feet in February. The last time the price of commercial natural gas was below $8 was back in February 2003, and after adjusting for inflation, it’s the lowest [...]

According to data released this week by the EIA, the U.S. price of natural gas sold to commercial consumers fell in February to $7.97 per thousand cubic feet in February. The last time the price of commercial natural gas was below $8 was back in February 2003, and after adjusting for inflation, it’s the lowest price since early 2000, 12 years ago.

In a December 2011 report “Shale Gas: A Renaissance in U.S. Manufacturing,” PriceWaterhouseCoppers (PwC) predicted that cheap natural gas will … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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