{"id":122034,"date":"2014-01-15T22:51:59","date_gmt":"2014-01-16T05:51:59","guid":{"rendered":"https:\/\/dh.durangoherald.com\/tj\/natural-gas-price-spikes-san-juan-waits\/"},"modified":"2014-01-15T22:51:59","modified_gmt":"2014-01-16T05:51:59","slug":"natural-gas-price-spikes-san-juan-waits","status":"publish","type":"post","link":"https:\/\/dh.durangoherald.com\/tj\/natural-gas-price-spikes-san-juan-waits\/","title":{"rendered":"Natural-gas price spikes; San Juan waits"},"content":{"rendered":"\n<p>However, the price spike may mean little for the San Juan Basin. Natural-gas production has dropped each year since 2009 in La Plata County in reaction to low prices and a surge of drilling in other states.<\/p>\n<p>Also, the price could retreat after the supply-and-demand effects of the cold spell work themselves out.<\/p>\n<p>Natural gas was trading last week at $4.50 per million British thermal units on the Henry Hub, a widely watched market indicator.<\/p>\n<p>It was the highest price seen for natural gas since summer 2011, according to the federal Energy Information Administration.<\/p>\n<p>San Juan Basin operators don\u2019t necessarily get the Henry Hub price, but other hubs broadly track the indicator.<\/p>\n<p>The cold weather in much of the eastern United States also contributed to a decline in supply. The amount of natural gas in storage last week was 15 percent below the same point a year ago, according to the EIA.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>However, the price spike may mean little for the San Juan Basin. Natural-gas production has dropped each year since 2009 in La Plata County in reaction to low prices and a surge of drilling in other states. Also, the price could retreat after the supply-and-demand effects of the cold spell work themselves out. Natural gas [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":122035,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6363],"tags":[431,188,477],"naviga_topic":[],"class_list":["post-122034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ds-news","tag-business-general","tag-dolores-star","tag-natural-gas"],"acf":[],"author_name":"dh_admin","_links":{"self":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts\/122034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/comments?post=122034"}],"version-history":[{"count":0,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts\/122034\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/media\/122035"}],"wp:attachment":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/media?parent=122034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/categories?post=122034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/tags?post=122034"},{"taxonomy":"naviga_topic","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/naviga_topic?post=122034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}