Sentences with phrase «natural gas spot»

The current downward trend in coal - fired generation began in 2007, when increased U.S. production of natural gas (particularly from shale) led to a sustained downward shift in natural gas spot prices and increased generation from natural gas - fired generators.

Several factors are likely contributing to increased natural gas spot trading in the Marcellus area:

Key factors likely contributing to increased natural gas spot trading in the Marcellus area include: rapid increases in Marcellus shale gas production; direct deliveries of Wyoming gas to the Ohio / Pennsylvania border through the Rockies Express Pipeline; and increased use of natural gas for power generation.

In 2012, when natural gas spot prices fell below $ 2 per thousand cubic feet, «I think people were thinking those prices were the new normal, that we were in a different world,» he says.

Natural gas prices began to spike ever higher during 2005, and the Henry Hub Gulf Coast Natural Gas Spot Price crossed $ 15 per million British thermal units (MMBTU) that December.

The Henry Hub natural gas spot price (the Henry Hub is a distribution hub located in Erath, La., that interconnects with nine interstate and four intrastate pipelines, making it an important pricing point for futures contracts traded on the New York Mercantile Exchange) averaged $ 2.51 / MMBtu in 2016.

Natural gas spot prices at the Henry Hub — a key benchmark and major trading location — averaged about $ 2.36 per million British thermal units (MMBtu) during the first half of 2012.

Patrick Badgley, associate editor covering the natural gas spot markets, discusses the high levels of gas remaining in storage after a mild winter, shale as a game changer, and strict EPA rules that could lead to more natural gas development in lieu of coal.

Natural gas spot prices in 2015 at the Henry Hub in Louisiana, a national benchmark, averaged $ 2.61 per million British thermal unit (MMBtu), the lowest annual average level since 1999.