Recession Fuels Decline in Natural Gas, Power Prices

The Great Recession of 2008-’09 is widely acknowledged as the worst post-war contraction on record. The resulting reduction in energy demand has contributed to falling prices for natural gas and electricity nationwide. While lower prices are great news for all of us, consumers should be aware that energy costs remain extremely volatile.  With current natural gas prices—which also impact electricity prices—near seven-year lows, now’s a good time to assess your current energy supply position and make purchasing decisions that fit your organization’s needs.  
 
Plentiful reserves
 
The recession has contributed to a much lower ...

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