EIA marks 2019 as the year with the lowest natural gas prices for the past three years, reports safety4sea.
In 2019, natural gas spot prices at the national benchmark Henry Hub in Louisiana averaged $2.57 per million British thermal units (MMBtu), about 60 cents per MMBtu lower than in 2018 and the lowest annual average price since 2016.
High consumption with low pricesLower natural gas prices in 2019 supported higher consumption—particularly in the electric generation sector—and higher natural...
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