Blog

Get Market News

Get weekly email updates on market factors like supply, demand, and regulatory affairs. Subscribe now

Get Started with ENGIE

ENGIE Resources is ready to analyze your historical energy usage data and present appropriate options. Get started now

Become a Broker or Consultant

Complete our Brokers & Consultants Inquiry Form. Learn more

20169 Was Quite a Year

January 21, 2020

2019 vs. 20162019 is over and it was a newsworthy 12 months for energy. However, a few summaries of 2019 are drawing parallels to 2016. Henry Hub natural gas spot prices in 2019 averaged $2.57/mmbtu, about 60 cents lower than in 2018 and the lowest since 2016.

 

Early January of 2016 was also the last time natural gas in storage was more than 3,000 bcf at this timestep. When it comes to climate change, 2019 was the second hottest year on record, next to 2016.

Read More: