Natural gas prices plunge in first half of year

Jack Burke Senior Editor, Compressor Tech2

July 24, 2023

EIA: Henry Hub price down 34%

The average monthly spot natural gas price at the U.S. benchmark Henry Hub fell 34% between January and June, the U.S. Energy Information Administration (EIA) reports.

According to data from Refinitiv Eikon, the Henry Hub price averaged $3.30/MMBtu in January on an inflation-adjusted basis and then dropped below $2.50/MMBtu starting…

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