Northwest Arkansas & River Valley customers to pay less for natural gas this winter - 4029tv

Northwest Arkansas & River Valley natural gas prices drop

Northwest Arkansas & River Valley customers to pay less for natural gas this winter

Natural gas will be more affordable this winter, according to spokespersons for the three major companies that service Northwest Arkansas and the River Valley.

The gas rate will be between 33 and 52 percent lower than what it was last year, according to their news releases.

Arkansas Oklahoma Natural Gas Prices

Arkansas Oklahoma Gas customers in Arkansas paid about $1.09 per ccf (hundred cubic feet) last winter. This winter, it will cost about $0.53.

Oklahoma AOG customers paid about $0.71 per ccf last year. This season, they'll pay $0.44.

AOG is passing along the $18 million it was awarded after a legal victory against BP, according to the news release. AOG had sued over breach of contract after BP failed to deliver natural gas supply in February 2021.

Black Hills Energy Natural Gas Prices

Last winter, gas cost the company's Arkansas customers 70 cents per ccf. This winter, it will be 47 cents.

The drop in gas prices comes because suppliers to the two companies have also dropped their prices.

Black Hills Energy has about 183,000 customers in northern Arkansas, mostly in Northwest Arkansas and the River Valley.

OG&E Natural Gas Prices

OG&E announced last month it would be dropping fuel charges.

It should save the average family about $20 a month.

A spokesperson cited the lowered cost of natural gas across the world.