Rising natural gas prices means up to 45% increases on …
May 10, 2022 · In the short-term, natural gas prices hit $7.84 per million BTU on May 3, a 2.6x increase compared to a year ago, when prices were at $2.96. As a result, the cost of generating power has climbed. In the long-term, though, natural gas has become much cheaper; prices have fallen from a peak of $8.86 in 2008.
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