The price and reliability of energy supplies are key elements in a country’s energy supply strategy. In, EIA. Subscribe to feeds for updates on EIA products including Today in Energy and What's New. and over 1 Mio. With the PES refinery moving towards closure, regional refinery utilization dropped to 73% and gasoline stocks drew by 2.3 million bbl. For the first time in three years, annual prices at the pump are expected to decrease from the year before, saving Americans billions of dollars. Those states include California, Connecticut, Illinois, Indiana, Maryland, Michigan, Montana, Nebraska, Ohio, Rhode Island, South Carolina, Tennessee, and Vermont. Figure 4 shows the change in natural gas prices for household consumers including all taxes, levies and VAT in national currency from the second half of 2019 to the first half of 2020. On the week, pump prices declined between one to four cents across the five states in the region. Data that is more recent shows an increase that started in the first half of 2018, which is followed by a decrease in the second half of 2019 (EUR 0.0309 per kWh) and an increase in the first half of 2020 (EUR 0.0315 per kWh). The current price of natural gas … Corpus Christi LNG (also in Texas) commissioned its second train in July. Are you interested in testing our corporate solutions? New, Figures and insights about the advertising and media world, Industry Outlook Gas prices are likely to continue to increase for motorists in the region as retailers look to other options to make up for the deficit caused by the upcoming PES closure. The fourth report on energy prices and costs was published in October 2020, as part of the 2020 State of the energy union report. Prices in national currencies are converted into euro using the average exchange rate of the period for which the prices were reported. EIA. The direction of gas prices is also contingent on government budget decisions. Contrary to the price of fossil fuels, which are usually traded on global markets with relatively uniform prices, natural gas prices vary widely among EU Member States. Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. "For now, enjoy the bargain-basement prices," DeHaan said. Learn more about how Statista can support your business. Should utilization continue to hold strong, it could help to balance stock levels and keep any future gas price fluctuations moderate. Development of gas prices for non-household consumers. Natural gas consumption in the residential and commercial sectors increased by 2% in 2019 compared with 2018, based on the U.S. Energy Information Administration’s (EIA) monthly data through October and estimates for November and December. The Energy Information Administration (EIA) measures total regional gasoline stocks at 58.5 million bbl, an atypical level for this time of year and a low not seen since December 2017. Since then, it decreased every semester and reached EUR 0.029 in the second half of 2017. Motorists across the Rockies continue to pay less to fill-up at the pump. Source: U.S. Energy Information Administration, based on Refinitiv. Uranium fuel, nuclear reactors, generation, spent fuel. Interactive chart illustrating the history of Henry Hub natural gas prices. Tools to customize searches, view specific data sets, study detailed documentation, and access time-series data. Crude prices ended last week down from the previous week as global demand concerns continue to worry market observers as the U.S. and China continue to resolve their trade dispute. In the last 15 days, state averages have jumped, pushing up the national average nearly a dime to $2.75. Natural gas prices for households consumers are divided into three annual consumption bands and, for non-household consumers, into six different consumption bands. While the prices motorists are paying are still among the most expensive in the country, they are under $3/gallon: Idaho ($2.97), Utah ($2.94), Montana ($2.79) Wyoming ($2.76) and Colorado ($2.70). The first semester of 2020 is at EUR 0.0656 per kWh, lower than a year ago at the first semester of 2019 (EUR 0.0670 per kWh). Please contact us to get started with full access to dossiers, forecasts, studies and international data. © 2020 USA TODAY, a division of Gannett Satellite Information Network, LLC. Lower summer natural gas prices, which averaged $2.33/MMBtu in June through August (the lowest summer average Henry Hub natural gas price since 1998), have supported higher natural gas-fired generation in the summer months. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from. Directly accessible data for 170 industries from 50 countries The relative tax contribution in the first half of 2020 was smallest in Greece (8.4 %) where the country applies a low VAT rate to the basic price. Weight of taxes and levies differs greatly between Member States. Privacy Policy, [flickrpress type="rss" url="https://api.flickr.com/services/feeds/photos_public.gne?id=37347808@N05&lang=en-us&format=rss_200" view="squares" count="6" columns="2"], Gas Demand Sees Significant One-Week Increase, Price Increases Slow Alongside Dip in Gas Demand. In 2017, gas averaged $2.39 a gallon and dipped as low as $2.13 in 2016. One regulation was about the establishment of an agency for the Cooperation of Energy Regulators by 2011. Until 2016, the domain of non-household consumers was defined as industrial consumers, but reporting authorities were allowed to include other non-household consumers. In 2019, natural gas spot prices at the national benchmark Henry Hub in Louisiana averaged $2.57 per million British thermal units (MMBtu), about 60 cents per MMBtu lower than in 2018 and the lowest annual average price since 2016. There were six Member States where natural gas prices for household consumers rose between the second half of 2019 and the first half of 2020, with the largest increases recorded in the Netherlands (8.0 %), France (7.3 %) and Croatia (5.2%). In addition to rising gasoline demand, 13 states this month have introduced new gas taxes that have contributed to the national average increase. These pipelines provide additional takeaway capacity out of the Permian and Appalachian supply basins and will serve growing demand for LNG exports, pipeline exports to Mexico, and U.S. natural gas-fired power generation. Do you like to keep up-to-date with historical data for the national average on gas prices compared to where you live or are travelling to? We observe the largest decreases in Latvia (-29.4 %), Lithuania (-19.8 %) and Sweden (-16.0 %). Waiting even a short time to begin putting aside money is a huge mistake because it has an outsized effect on the amount of money you'll end up with. As a Premium user you get access to the detailed source references and background information about this statistic. Retail price of regular gasoline in the United States from 1990 to 2019 (in U.S. dollars per gallon) [Graph]. "Retail price of regular gasoline in the United States from 1990 to 2019 (in U.S. dollars per gallon)." A paid subscription is required for full access. You only have access to basic statistics. The prices shown are in U.S. dollars.

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