Natural Gas Spot Prices Now Below $2: Adjusted for Inflation, That’s the Lowest Since the Mid-1970s
Posted on April 19, 2012 at 20:53 PM EDT
Natural gas prices continue to fall, and spot prices have been below $2 per million BTUs for the last week, trading as low as $1.87 last Friday (see chart above, EIA data here). The last time natural gas prices were consistently below $2 was in the spring of 1999, thirteen years ago. Adjusted for inflation, those 1999 prices would be abou...
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