Changes in U.S. Wholesale Spot Natural Gas Prices Has a Lagged Impact on Prices Paid by Residential Consumers: EIA
The monthly U.S. natural gas spot price on the U.S. benchmark Henry Hub has largely followed a downward price trend so far in 2023, however these lower wholesale gas prices are not directly being translated into lower commodity rates for residential customers, according to an Sep. 19 report from the U.S. Energy Information Administration. U.S…....