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Real Natural Gas Prices Lowest Since July 1995

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