Professor Mark J. Perry's Blog for Economics and Finance
Wednesday, April 11, 2012
Inflation-Adjusted Natural Gas Futures Prices Fall Today to Lowest Since 1994, Maybe Lowest Ever
Natural gas futures prices fell below $2 per million BTUs today for the first time since January 2002. On an inflation-adjusted basis, that's the lowest price for natural gas futures in at least 18 years, going back to the beginning of data series available from the EIA starting in 1994 (see chart above).