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3.0 ERMUSR 07-08-2009
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3.0 ERMUSR 07-08-2009
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10/4/2021 3:53:54 PM
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City Government
type
ERMUSR
date
7/8/2009
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Natural Gas Prices and Demand are Increasing <br /> Real Natural Gas Prices vs. Gas Power Generation <br /> Capacity Additions in U.S., 1989 to 2008 <br /> Real gas prices have increased by a factor of 4, <br /> spurred in part by massive gas capacity increases <br /> 250 — — $10.00 <br /> $9.00 <br /> 200 — — $8.00 <br /> — $7.00 <br /> 150 — — $6.00 <br /> Cumulative - $5 00 $/mmBtu <br /> gas capacity <br /> additions 100 $a.00 <br /> (GW) - $3.00 <br /> i <br /> 50 $2.00 <br /> $1.00 <br /> 1 <br /> 0 -`1 . it A t 1 $0.00 <br /> ®cumulatore adtt H H Price <br /> Source: Natural Gas and Electricity Costs and Impacts on Industry, White Paper on Expected Near-Term <br /> Cost Increases, April 28, 2008, U.S Department of Energy, p. 2 <br /> Natural gas prices are relatively low today due to the economy g <br /> When the economy comet hack, so will gas prices. <br />
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