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Oil & Gas ProPermalink Reply by Lerret on November 6, 2015 at 3:25

duplicate

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Oil & Gas ProPermalink Reply by Lerret on November 6, 2015 at 3:28

Don't know what's wrong with inputs today

Gas was $2.10 in 1990 and I lost the sale of a prospect just for that reason. In the Fayetteville, we have "broke the buck" and many are under $2.  In the Marcellus when I was there in April, one company reported they sold gas for $1.10 and I've heard since some have sold gas for $1.05.

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Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on November 6, 2015 at 3:58

Lerret, you can always delete a post by clicking the small "x" at the far right of your reply box.  It is a good point that NG prices differ in different regions and hubs.  Supply and connection to market vary across the country.  Here are today's regional spot prices.

Select Spot Prices for Delivery Today
Region	Natural Gas ($/million Btu)		Electricity ($/MWh)		Spark Spread ($/MWh)
	Price	Percent Change*	Price	Percent Change*
New England	3.02	-24.4	36.31	-4.7	15.15
New York City	1.32	-5.2	29.42	+5.3	20.18
Mid-Atlantic	1.02	-9.2	39.93	+7.1	32.82
Midwest	2.24	+2.6	27.48	-11.0	11.82
Louisiana	2.12	+4.0	28.25	-6.6	13.40
Houston	2.09	+3.1	27.50	+13.4	12.85
Southwest	2.03	+2.8	24.83	+6.2	10.63
Southern CA	2.27	+5.2	34.19	+7.8	18.28
Northern CA	2.72	+1.4	34.44	+5.5	15.40
Northwest	2.11	+1.0	20.42	-0.4	5.65

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