Natural gas spot prices fell across key regional trading hubs in 2024
Average natural gas spot prices at most major trading hubs in the Lower 48 states declined in 2024 compared with 2023 in real terms, according to data from Natural Gas Intelligence.
Spot Henry Hub natural gas prices hit a historic low in 2024
In 2024, the U.S. benchmark Henry Hub natural gas spot price averaged $2.21 per million British thermal units (MMBtu), the lowest average annual price in inflation-adjusted dollars ever reported. The annual average Henry Hub natural gas spot price in 2024 decreased by 16% from its 2023 average and 68% from its 2022 average, the largest two-year decline on record. The monthly average Henry Hub spot natural gas price in 2024 ranged from $3.25/MMBtu in January to an all-time low of $1.51/MMBtu in March, reflecting a narrower $1.74/MMBtu range of monthly prices across the year than the average range of $2.32/MMBtu
Henry Hub daily natural gas spot price reached all-time lows in November
The U.S. benchmark Henry Hub daily natural gas price fell to $1.21 per million British thermal units (MMBtu) on November 8 and November 11, 2024, an all–time low in inflation–adjusted dollars. Four of the record–low daily prices when adjusting for inflation occurred in November 2024, and the remaining six occurred in 2024 as well. The Henry Hub spot price in November averaged $2.12/MMBtu, the lowest average price for that month ever when adjusting for inflation.
Piedmont Triad International Airport (GSO) Hot Spot 1
Pilots operating at GSO, Piedmont Triad International Airport need to be aware of Hotspot 1, the Kilo-Kilo 6 intersection. Missing this Hotspot may result in costly delays and introduce risk into the operation. Taxiway Kilo extends far beyond the threshold of Runway 23L going into the Fed Ex hangar and ramp area. If Hotspot 1 is missed, large aircraft may not be able to turn around under their own power and may require extra services, such as a tug, to get back to runway 23L. Taxiing onto the FedEx ramp can cause Jet Blast issues with people and equipment on
KILM, Wilmington International Airport Hot Spot 1
KILM, Wilmington International Airport has a Hot Spot at the intersection Alpha, Bravo, Foxtrot. Hot Spot 1 is a confusing intersection with three taxiways merging with less than 90 degree turns. The hot spot is located near the intersection of Runway 6 /24 and 17 / 35. Please refer to Airport Diagram for more information. For additional training, check out FAASafety.gov Runway Safety website. Or FAA.Gov Runway Safety Programs . For more information, Contact: Shala Tonnemacher, Air Traffic Manager ILM ATCT, (910) 815-4642 Shala.Tonnemacher@faa.gov ;