Natural Gas Wellhead Prices in Nebraska



The average wellhead price of natural gas increased 33 percent to $4.29 in 2005 from $3.22 in 2004.  The price in 2003 had doubled from 2002 due to rising prices for crude oil, winter energy supplies, and the weather.

Nebraska's Natural Gas Wellhead Prices
1960-2005


Nebraska's Natural Gas Wellhead Prices
1960-2006
(Price per Thousand Cubic Feet)
1960  . . . . . . . . . . $0.18 1970  . . . . . . . . . . $0.17 1980  . . . . . . . . . . $0.83
1961  . . . . . . . . . . $0.17 1971  . . . . . . . . . . $0.18 1981  . . . . . . . . . . $1.45
1962  . . . . . . . . . . $0.18 1972  . . . . . . . . . . $0.18 1982  . . . . . . . . . . $1.99
1963  . . . . . . . . . . $0.19 1973  . . . . . . . . . . $0.18 1983  . . . . . . . . . . $2.93
1964  . . . . . . . . . . $0.15 1974  . . . . . . . . . . $0.34 1984  . . . . . . . . . . $2.24
1965  . . . . . . . . . . $0.15 1975  . . . . . . . . . . $0.54 1985  . . . . . . . . . . $3.01
1966  . . . . . . . . . . $0.16 1976  . . . . . . . . . . $0.51 1986  . . . . . . . . . . $2.82
1967  . . . . . . . . . . $0.17 1977  . . . . . . . . . . $0.65 1987  . . . . . . . . . . $2.42
1968  . . . . . . . . . . $0.18 1978  . . . . . . . . . . $0.68 1988  . . . . . . . . . . $2.66
1969  . . . . . . . . . . $0.17 1979  . . . . . . . . . . $0.85 1989  . . . . . . . . . . $2.23

1990  . . . . . . . . . . $2.26 2000  . . . . . . . . . . $2.26
1991  . . . . . . . . . . $2.06 2001  . . . . . . . . . . $2.16
1992  . . . . . . . . . . $1.78 2002  . . . . . . . . . . $1.52
1993  . . . . . . . . . . $1.81 2003  . . . . . . . . . . $3.17
1994  . . . . . . . . . . $1.60 2004  . . . . . . . . . . $3.22
1995  . . . . . . . . . . $1.19 2005  . . . . . . . . . . $4.29
1996  . . . . . . . . . . $1.43 2006  . . . . . . . . . .
NA
1997  . . . . . . . . . . $1.53
1998  . . . . . . . . . . $1.30
1999  . . . . . . . . . . $1.36

Note:  NA = Not Available.

Sources:  Natural Gas Annual.  Energy Information Administration, Washington, DC.  Nebraska Energy Office, Lincoln, NE.

The table and graph were updated on November 5, 2007.  Typically, there is one year between updates.

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