U.S. Power and NatGas Prices Plummet to Below Zero ...Middle East

OILPRICE - Economy
U.S. Power and NatGas Prices Plummet to Below Zero
U.S. spot power and natural gas prices plummeted into negative territory across Texas, California, and Arizona on Tuesday, signaling a surplus in production amidst subdued demand and ample hydropower reserves. At the Waha hub, next-day gas prices plummeted to a three-week low of negative $2.72 per million British thermal units (mmBtu) on May 6. Next-day power prices at hubs in Arizona and Southern California plunged to one-week lows. The dynamics driving negative prices suggest energy firms are grappling with excess power and gas production. As…

Hence then, the article about u s power and natgas prices plummet to below zero was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( U.S. Power and NatGas Prices Plummet to Below Zero )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy


Latest News