with last summer, whichsaw an average price of $2.92/MMBtu, the Natural Gas SupplyAssociation said Thursday.The NGSA made the prediction in its 2019 Summer Outlook, whichforecasts pricing trends based on an analysis of the weather, nationaleconomy, consumer demand, production and storage ...
begin producing summer-grade gasoline, which is more expensive to manufacture, in February and March after they have produced enough winter-grade gasoline to last through the winter driving season.” The increase in 2019 was simply accelerated because of the strong rebound in crude oil prices. ...
Abrupt increases or decreases in gas prices are usually due to a disruption in crude oil supplies, the operations, or delivery of gas pipelines. In which seasons are gas prices the highest?Gas prices tend to increase in the spring and summer. People drive more during warmer weather, so the...
Spot Asian LNG prices softened in the week after the Lunar New Year holiday as demand dried up and several major buyers were seen backing away. Platts March LNG Japan Korea Marker dropped from a high of $10.50/MMBtu February 7 to a low of $10.10/ MMBtu February 11. The end of January...
The primary reason that residential prices appear to vary so much throughout the year is that when theEIA tracksthem they use the final price including taxes and fees. And many of those fees are a “flat rate” service charge. So if you use less natural gas in the summer but pay the ...
Volatility hit a record low of 18.6% in April 2019 on mildsummer forecasts anda belief thatrecord production at thetime would meet any increase in demand and keep prices in check. Traders noted the 200-day moving average remained a strong price floor or technical level of support. The front...
that crude oil prices are climbing, and many of the COVID-19 restrictions are being lifted, therefore more and more people are hitting the road. Couple that with the summer driving season that officially kicks off on Memorial Day, and you've got the perfect recipe for a surge in prices....
While gas prices in New Jersey are higher than they were a week ago, AAA MidAtlantic data shows they're still way lower than they were at this time last year. AAA MidAtlantic spokeswoman, Tracy Noble said the average price for a gallon of regular gas in the Garden State is $2.28, up...
While gas prices in New Jersey are higher than they were a week ago, AAA MidAtlantic data shows they're still way lower than they were at this time last year. AAA MidAtlantic spokeswoman, Tracy Noble said the average price for a gallon of regular gas in the Garden State is $2.28, up...
"The Washington State Department of Ecology released the results of the second auction of allowances to emit CO2 and prices increased 15 percent to $56.01 per metric ton (MT) of CO2. That translates into about 45 cents per gallon of gasoline and 54 cents per gallon for diesel. Washington ...