09/01/2011

FM Cost Trends: Natural Gas

Trends in Natural Gas Pricing

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The Henry Hub, a pricing point for natural gas futures traded on NYMEX, is generally seen as the primary price set for the North American natural gas market. In mid-August the price for 12-month strips was very close to a 6-year low. The price is derived by averaging the monthly futures prices of the upcoming calendar term, i.e., if today is September 1, 2011, the 12-month strip would be calculated by averaging the futures prices from September 2011 through September 2012.

The graph entitled Natural Gas Pricing by Calendar Year shows current and historical pricing of the 12-month futures strips from 2011 to 2013. Historically, the cost of natural gas rises as the most active month of the hurricane season – September – approaches.

 

 


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Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.


When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality.

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.

Add highly responsive multi-zone comfort to any building project, in any climate. Our CITY MULTI H2i R2- and Y-Series VRF systems give you flexibility to fit the needs of any building. Enjoy 100% heating capacity at 0°F outdoor ambient, and 85% heating capacity at -13°F outdoor ambient.  For more information, log on to www.mitsubishipro.com

 
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