Natural gas prices surge, City of Perryville avoids price increase

Natural gas prices surge, City of Perryville avoids price increase
Natural gas customers in Perryville could be seeing an increase in prices. (Source: Pexel)

PERRYVILLE, Mo. (KFVS) - In the midst of a national natural gas price surge, the City of Perryville has been working to avoid passing the prices on the the residents.

After negotiating with their natural gas provider, the city was able to keep prices low, because their usage has remained at or below the contracted amount.

Important Update - By now you have probably seen other communities across Missouri and the country are issuing similar...

Posted by City of Perryville Government on Sunday, February 14, 2021

Originally in City of Perryville Facebook post on Friday. Feb. 12, the city stated customers could experience prices 60 or 70 times higher than normal.

Perryville’s natural gas is provided by the Interstate Municipal Gas Agency, a nonprofit joint action agency that provides natural gas services throughout the Midwest.

🚨 An important message for our natural gas customers 🚨 The extreme frigid temperatures across the entire Midwest and...

Posted by City of Perryville Government on Friday, February 12, 2021

In a release, the City of Perryville called Feb. 12 “one of the wildest days in the natural gas market ever.”

On February 11 and 12, some midstream companies reported issues at some of their gas plants, also some pipelines were reporting operational issues.

In southwest Missouri, natural gas wells are freezing, this is leading to a limited supply.

These issues paired with the severe winter storms, and low temperatures spiked prices across the Midwest.

Oneok Gas Transmission natural gas prices surged to as high as $367.85, after starting the week around $3.00.

Gas prices at the Houston Ship Channel sky-rocked as high as $225.00, on Friday, Feb. 12.

The attached article was shared with the City of Perryville by our natural gas buyer. It attempts to explain the natural gas market fluctuations experienced yesterday throughout the nation.

Posted by City of Perryville Government on Saturday, February 13, 2021

They have requested that customers reduce their usage of natural gas as much as possible.

Perryville is not the only city in Missouri asking customers to conserve energy, Branson and Springfield are suffering from a limited supply of natural gas.

The Energy.gov recommends the following tips to reduce natural gas usage:

  • Take advantage of the sun.
    • Open curtains on your south-facing windows during the day, and close them at night.
  • Cover drafty windows.
    • use a heavy-duty, clear plastic sheet on a frame or tape clear plastic film to the inside of your window frames.
    • install tight-fitting, insulating drapes or shades on drafty windows.
  • Set your thermostat as low as is comfortable.
    • When you are asleep or out of the house, turn your thermostat down.
  • Keep your fireplace damper closed unless a fire is burning.
    • When you use the fireplace, reduce heat loss by opening dampers in the bottom of the firebox.
  • Turn down the temperature of your water heater to the warm setting.

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