Sunday, December 27, 2009

PA Natural Gas $5.76 MMBtu

Gas prices are heading into Christmas Day unchanged, according to AAA Mid-Atlantic.

The average for a gallon of regular in the five-county Philadelphia area was $2.69 for the fourth consecutive day, and $2.46 in South Jersey for the seventh straight day.

The national average continued to be $2.58.

Diesel averaged 1 cent less in the Philly area ($2.99), but moved up 1 cent in South Jersey ($2.69).

The diesel price was unchanged ($2.78) in the country as a whole.

Meanwhile, benchmark crude for February delivery rose 44 cents to $77.11 on the Nymex.

In other Nymex trading in January contracts, heating oil rose 1.5 cents to $2.0269 while gasoline rose 1.6 cents to $1.9827. Natural gas fell 5.5 cents to $5.766 per 1,000 cubic feet.

In London, Brent crude for February delivery rose 40 cents to $75.85 on the ICE Futures exchange.

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