Natural gas prices increase with March billing

     Sub-zero temperatures and snow storms through President’s Day weekend left a mess for the country not only in snow fall amounts but also in natural gas prices. The temperatures have caused pipeline operational issues and freezing of well-heads. The frigid temperatures have driven up the cost of natural gas for buyers. Because of the sub-zero temperatures, which have caused an increase in energy demand and natural gas supply constraints, utilities are currently experiencing wholesale “spot” natural gas prices to that are up 100 times their normal price.

Leave a Comment