Natural Gas Prices
Natural gas prices are measured on several points along the supply chain. The wellhead price is the price of natural gas less transportation. Wellhead prices are highly volatile given the uncertainties that affect day to day production, such as weather.
Finally, natural gas is delivered to the consumer. The consumer price has steadily increased over the past eight years, predictably slumping during the fall and early winter. However, during the summer
of 2008 natural gas prices spiked, fueled in part by speculation. With the global economic recession, these prices have since fallen back to 2007 levels.