For Every $1 Drop In Natural Gas Prices, Residential And Business Consumers Save $23 Billion Annually
Average natural gas price by user and total spending, 2008 vs. 2011 User Avg. Price 2008 Spending in 2008 (B) Avg. Price 2011 Spending 2011 (B) Savings 2011 vs. 2008 (B) Residential $13.89 $67.95 $11.39 $51.12 $16.83 Commercial $12.23 $38.56 $9.47 $28.02 $10.54 Industrial $9.65 $64.37 $5.49 $33.98 $30.38 Electric Power $9.65 $64.35 $5.49 [...]
Average natural gas price by user and total spending, 2008 vs. 2011
User
Avg. Price 2008
Spending in 2008 (B)
Avg. Price 2011
Spending 2011 (B)
Savings 2011 vs. 2008 (B)
Residential
$13.89
$67.95
$11.39
$51.12
$16.83
Commercial
$12.23
$38.56
$9.47
$28.02
$10.54
Industrial
$9.65
$64.37
$5.49
$33.98
$30.38
Electric Power
$9.65
$64.35
$5.49
$38.16
$26.19
Total, 2008
$235.23B
Total, 2011
$151.29B
$83.94B
Note: Prices are per 1,000 cubic feet.
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