WICHITA, Kansas — Last February, the city of Cheney, Kansas – located just west of Wichita – paid about $2 per thousand cubic feet, or unit, of natural gas on the wholesale market. But last week, during the height of the winter storm, it was paying more than $600 per unit. This is a change of 17.99% from last month and -2.29% from one year ago. Notes: Prices are in nominal dollars. Kansas Natural Gas Industrial Price is at a current level of 3.41, up from 2.89 last month and down from 3.49 one year ago. throughout Kansas, and utilities are currently experiencing wholesale natural gas price increase from 10 to 100 times higher than normal (the “2021 Winter Weather Event”). Through 2001, electric power price data are for regulated electric utilities only; beginning in 2002, data also include nonregulated members of the electric power sector. Residential natural gas prices in Kansas in February 2021 averaged $7.05 per thousand cubic feet, which was approximately 26.2% less than the national average rate of $9.55 per thousand cubic feet (February 2021). Those costs will Release Date: 4/30/2021: Next Release Date: 5/28/2021: Referring Pages: Natural Gas Industrial Price ; Kansas Natural Gas Prices; Natural Gas Industrial Price During the cold snap, prices for natural gas rose by 100 to 200 times. TOPEKA — A small Kansas town is fighting natural gas prices charged by BP Energy during last month’s extreme cold, accusing the multinational oil and gas giant of “unconscionable profiteering” under state statute. Residential Natural Gas Rates in Kansas. A lawsuit filed Tuesday by the city of Mulberry says BP inflated prices for natural gas from $2.98 per mmbtu on Feb. […] By Brian Grimmett – Kansas News Service WICHITA, Kansas — Last February, the city of Cheney, Kansas – located just west of Wichita – paid about $2 per thousand cubic feet, or unit, of natural gas on the wholesale market. One Kansas city, Mulberry, is suing BP for allegedly price gouging by charging $329.615 per mmbtu during the height of the cold snap compared to $2.98 just beforehand for the natural gas that it, in turn, provides to residents. The Kansas Corporation Commission has issued an order that authorizes natural gas and electric utilities to defer any extraordinary costs incurred … Kansas governor wants price gouging investigation over February gas bills March 31, 2021 The natural gas bills that are hitting Kansas consumers and businesses because of the February winter storm prompted at least one to file a price gouging complaint with the state’s governor who responded by asking the attorney general to investigate. Gas volumes delivered for use as vehicle fuel are included in the State annual totals through 2009 but not in the State monthly components. A new law provides temporary relief to residents who received extremely high bills for natural gas use during the February cold front.
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