Latest News, WVPA Sharing

Higher than normal W.Va. natural gas, coal prices create excitement, but will it last?


NCWV Media

CHARLESTON, W.Va.  — Natural gas prices recently hit their highest level in years, but the winter going forward will determine whether prices remain high and how that might affect West Virginia’s energy industries.

According to a recent report by Investor’s Business Daily, the cost of delivery for natural gas for December has risen as much as 20 percent to $4.929 per million British thermal units.

That’s the highest price for natural gas since February 2014, when much of the country experienced an arctic chill brought on by a polar vortex that made some areas colder than the surface of Mars. That was the single biggest price hike in nine years.

Read the entire article

See more from NCWV Media

Comments are closed.

Subscribe to Our Newsletter

Subscribe to Our Newsletter

And get our latest content in your inbox

Invalid email address