Mark J. Perry, Carpe Diem Last week the spot price of natural gas (Henry Hub Gulf Coast) fell to $2.30 per million BTUs, which is the lowest...
Mark J. Perry, Carpe Diem Last week the spot price of natural gas (Henry Hub Gulf Coast) fell to $2.30 per million BTUs, which is the lowest inflation-adjusted price since July 1995, more than 16 years ago when the price was slightly lower at $2.17. Without adjusting for inflation, it was the lowest price in a decade, since January 2002. Welcome to the game-changing, shale gas revolution. Read More