February Natural Gas Price Hits Lowest Level in Nearly 20 Years

As noted last week in the OMA’s Energy Guide, natural gas prices are low — and they keep dropping. The U.S. Energy Information Administration reports that on Feb. 10, the near-month natural gas futures price closed at $1.77 per MMBtu, the lowest February closing price (in real terms) for the near-month contract since at least 2001. 2/17/2020