Power Pool warns of energy shortages
July 14, 2022
The Nebraska Municipal Power Pool’s July newsletter contains discouraging words for area residents.
While there have been lots of stories published about rising diesel and gasoline prices, not much has been said about our country’s electrical and natural gas supplies.
United States natural gas prices have been on the upswing since 2020 and recently were the highest since 2008.
For perspective, the newsletter reported the spot market price of natural was in the low $2 per MMBtu range in 2020. Since then it climbed to nearly $9 per MMBtu before falling into the $7 range in late June....