Natural Gas Spot Prices Reached Record Lows in First Half of 2020

The EIA reports that in the first half of 2020, natural gas prices at the U.S. Henry Hub benchmark reached record lows. The average monthly spot price in the first six months of the year was $1.81 per million British thermal units (MMBtu). Monthly prices reached a low of $1.63/MMBtu in June, the lowest monthly inflation-adjusted price since at least 1989. 7/20/2020