Government Hikes Domestic Natural Gas Prices, Likely Leading to Higher CNG and Consumer Prices

Government hikes domestic natural gas prices to $9.20 per mmBTU from Oct 1
Price hike likely to impact consumers as gas companies may raise CNG, PNG prices
Prices revised monthly now instead of every 6 months based on new formula
Higher gas prices can drive inflation and increase costs of goods, food items
Rise in CNG prices to affect CNG vehicle owners as CNG is clean energy alternative

business-standard.com

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Posted 9/30/2023, 11:41:38 AM