Natural Gas Price in July had a steady decline from a high of $4.430 per 1,000 cubic feet on July 1st to a low of $3.740 on July 31st with an average for the month of $4,010. This was 12.25% lower than 2014 but higher by 10.62% than in July 2013.
Was it all to the weather and less air conditioning or the slowdown in the growth rate of the USA economy?
The Marcellus price was very volatile from a high of $3.170 on July 1st to $2.390 for the month. It seems new petrochemical plants take a long time to be constructed to increase demand.
Click here to view Table: Gas Prices Breakdown– July 2014
Shale Intel 