Statement of Jim Zakoura, attorney and consumer advocate, Smithyman & Zakoura, Chartered, on behalf of the Natural Gas Transportation Customer Coalition (NGTCC):
|After a steady run up in price over the last week, the NYMEX Henry Hub Natural Gas Contract is currently trading at its highest price level since 2008.
· U.S. Energy Information Administration
These historic high prices for natural gas extend from April 2022 through February 2023.
In 2022, we have not experienced the historic decline in natural gas prices that typically occur after the end of winter – after March.