In the past few days, spot prices for natural gas have increased by more than 20% as temperatures approaching 100 degrees affect high natural gas consumption areas like the upper midwest, Texas and the mid-Atlantic regions.
As of the close of trading today, here are the prices at some key locations:
|NYMEX Henry Hub Future||$8.16 per million BTU|
|NYMEX Henry Hub Spot||$8.05 per million BTU|
|New York City Gate Spot||$9.59 per million BTU|
Source – Bloomberg. Com Energy Prices 31 July 2006