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Hydraulic fracturing has reduced the Henry Hub spot price of natural gas considerably since 2008. The increased shale gas production leads to a shift of supply away from the south to the northeast and midwest of the country. A recent study found that, on average, natural gas prices have gone down by more than 30% in counties above shale ...
Atmos Energy Corporation's history dates back to 1906 in the Panhandle of Texas. Over the years, through various business combinations and mergers, the company became known as Pioneer Corporation, a large diversified West Texas energy company. In 1981, the company was incorporated and became a fully regulated natural-gas-only distributor. [6]
Monthly average natural gas prices, showing the location of the Henry Hub. The Henry Hub is a distribution hub on the natural gas pipeline system in Erath, Louisiana, owned by Sabine Pipe Line LLC, a subsidiary of EnLink Midstream Partners LP who purchased the asset from Chevron Corporation in 2014. [1]
Brutal heat waves over recent summers have shattered records for power demand, sending spot prices on wild, sudden swings. In September, Texas power prices surged as much as 20,000% .
Price per million BTU of oil and natural gas in the US, 1998-2015 Natural gas prices spiked to $23.86 on February 17, 2021 because of the Texas power crisis. [14] In February 2003 there was a similar spike in natural gas prices because of shortages. [15]
Wholesale power prices soared more than 300-fold, stirringmemories of the price spikes that accompanied California'senergy crisis of 2000-2001, when Enron and others artificiallyincreased prices.
Oil Price Information Service (OPIS) is a price reporting agency which provides information that is used for commercial contracts and trade settlement related to petroleum, gasoline, diesel, ethanol, biodiesel, LP-gas, jet fuel, crude, natural gas, petrochemicals, recycled plastics, refinery feedstocks, residual fuel, and kerosene.
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