Published by admin on Fri, 07/19/2024 - 2:54pm
CHEYENNE (WNE) — Natural gas prices improved slightly in June, while oil prices remained steady, according to the June 2024 issue of The Wyoming Insight, which serves as an energy index and business indicators report for the state.
The June 2024 natural gas price at the Opal Hub averaged $1.71 per million British thermal units (MMBtu), $0.37 more than last month. The Henry Hub natural gas price averaged $2.53/MMBtu in June, $0.40 higher than last month.
The West Texas Intermediate monthly average price for crude oil was $82.69 per bbl. in June, up 3.2% compared to last month. Average active oil rigs were 12 in June and the conventional gas rig count was 1. A year ago, there were 16 oil rigs and 2 conventional gas rigs.
Total sales and use tax collections in June summed to $71.8 million, $3.8 million (-5.0%) less than June last year.
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