What was the price of natural gas in 2010?

What was the price of natural gas in 2010?

$4.37
Natural Gas Prices – Historical Chart

Henry Hub Natural Gas Spot Price – Historical Annual Data
Year Average Closing Price Year Close
2010 $4.37 $4.22
2009 $3.94 $5.82
2008 $8.86 $5.63

What is the natural gas price in Europe?

The average price in the EU — a weighted average using the most recent (second half 2021) data for natural gas consumption by household consumers — was €0.0782 per kWh.

What was the price of natural gas in 2012?

Natural gas prices fell from August 2011 to May 2012, from $4.37 per MMBtu to $2.03 per MMBtu.

What time of year are natural gas prices lowest?

Though prices can fluctuate depending on supply/demand fundamentals, natural gas prices are often at their lowest during the fall and spring seasons. These are known as the “shoulder” seasons, when weather is mild and demand is low.

What was the price of natural gas in 2008?

At the retail level, average U.S. residential natural gas prices were $13.52 per MMBtu in 2008, with a high of $19.74 in July. This average was about 5% increase from 2007. The average commercial price was $11.76 per MMBtu, an increase of about 6% from 2007.

What is the price of natural gas in Germany?

Germany natural gas prices

Germany natural gas prices Household, kWh Business, kWh
Euro 0.071 0.056
U.S. Dollar 0.076 0.060

Why are natural gas prices going up in Europe?

“The main driver behind the sharp rise in the TTF is a perceived increase in the risk of European sanctions targeting Russian energy exports,” he said. Despite the ongoing war in Ukraine physical deliveries of gas from Russia to Europe through its various pipelines have so far remained largely unchanged.

What was the price of natural gas in 2018?

US gas spot prices generally rose in 2018, with Henry Hub averaging $3.12/MMBtu for the year, up 5% from $2.96/MMBtu in 2017, FERC reported.

Why did European natural gas prices hit their lowest level since February?

European natural gas prices hit their lowest level since Russia invaded Ukraine in February. The May Title Transfer Facility contract hit 84 euros, or $26.56/MMBtu, in intraday trading, the lowest point since February 23. TTF finished Tuesday below $30. Warmer weather dragged down prices, along with an influx of liquefied natural gas (LNG) cargoes.

What is the price of natural gas per kWh in Europe?

The price of natural gas for households in the Netherlands (EUR 0.0961 per kWh) was more than three times the price charged in Lithuania (EUR 0.0279 per kWh). The average price in the EU — a weighted average using the most recent (first half 2021) data for natural gas consumption by household consumers — was EUR 0.0639 per kWh.

Is it a buyer’s market for natural gas?

“It’s a buyer’s market, and Europe is buying,” says Carlos Torres-Diaz, head of gas markets research at Rystad Energy. “The clear winners from the war between these two gas powers are the European end consumers, who benefit from record-low natural gas prices, and power prices which have dropped more than 30% in the last six months.”

What is the lowest gas price since Russia invaded Ukraine?

European natural gas prices hit their lowest level since Russia invaded Ukraine in February. The May Title Transfer Facility contract hit 84 euros, or $26.56/MMBtu, in intraday trading, the lowest point since February 23. TTF finished Tuesday below $30.