Compare Natural Gas Rates

88241 Natural Gas Rates

Natural Gas Rates in 88241

^ Natural gas rates in 88241 are approximately 25.3% less than average natural gas prices in the U.S. [Read More]

Natural Gas Usage in 88241

Sorry, 88241 natural gas consumption data is currenly unavailable.

Natural Gas Customers in 88241

^ There are an estimated 0 residential natural gas customers in the 88241 ZIP code region. [Read More]

Natural Gas Rates in 88241 (Hobbs, NM)

Residential Natural Gas Rates in 88241

Residential natural gas prices in 88241 (based on overall New Mexico data) averaged $13.87 per thousand cubic feet in September 2024. This average rate was approximately 25.3% less than the U.S. average rate of $18.56 per thousand cubic feet for residential customers in the most recent month with data. ^[1]

Month

U.S. Residential Natural Gas Price

Residential Natural Gas Price in 88241

October (2023)

16.86 $/Mcf

17.50 $/Mcf

November

13.49 $/Mcf

12.46 $/Mcf

December

13.05 $/Mcf

10.05 $/Mcf

January

11.81 $/Mcf

17.50 $/Mcf

February

13.25 $/Mcf

9.03 $/Mcf

March

13.79 $/Mcf

10.89 $/Mcf

April

14.57 $/Mcf

7.91 $/Mcf

May

17.96 $/Mcf

9.18 $/Mcf

June

21.09 $/Mcf

10.64 $/Mcf

July

22.98 $/Mcf

13.13 $/Mcf

August

23.46 $/Mcf

14.40 $/Mcf

September

22.73 $/Mcf

13.87 $/Mcf

October (2024)

18.56 $/Mcf

0.00 $/Mcf

*Prices listed as 0 (zero) are not available (N/A).

Industrial Natural Gas Rates in 88241

88241 industrial natural gas prices in September 2024 (based on New Mexico data) averaged $2.99 per thousand cubic feet, which was approximately 22.1% less than the average rate of $3.84 per thousand cubic feet in the United States overall in the most recent month with data. ^[1]

Month

U.S. Industrial Natural Gas Prices

Industrial Natural Gas Prices in 88241

October (2023)

4.05 $/Mcf

5.90 $/Mcf

November

4.35 $/Mcf

6.24 $/Mcf

December

4.48 $/Mcf

6.86 $/Mcf

January

4.95 $/Mcf

5.90 $/Mcf

February

4.72 $/Mcf

6.74 $/Mcf

March

3.70 $/Mcf

3.09 $/Mcf

April

3.36 $/Mcf

4.42 $/Mcf

May

3.10 $/Mcf

2.80 $/Mcf

June

3.62 $/Mcf

0.00 $/Mcf

July

3.54 $/Mcf

1.85 $/Mcf

August

3.10 $/Mcf

September

3.28 $/Mcf

2.99 $/Mcf

October (2024)

3.84 $/Mcf

0.00 $/Mcf

*Prices listed as 0 (zero) are not available (N/A).

More New Mexico Natural Gas Statistics

New Mexico Industrial Natural Gas Consumers

Industrial Natural Gas Consumers in NM
- An estimated 552 industrial consumers use natural gas in New Mexico, which is about 0.3% of the total number of industrial natural gas consumers in the United States. ^[2]
Learn more about industrial natural gas in NM

New Mexico Share of Natural Gas Usage

How NM Compares to the U.S.
- New Mexico accounted for .81% of overall residential deliveries of natural gas in the United States in 2023. ^[2]
- In 2023, New Mexico accounted for .13% of total industrial deliveries of natural gas in the nation as a whole. ^[2]
Learn more about residential natural gas in NM

New Mexico Industrial Natural Gas Prices

Industrial Natural Gas Prices in NM
- Industrial natural gas consumers in the state of New Mexico (as a whole) pay approximately 22.1% less than the average residential natural gas rate in the United States overall. ^[1]
Learn more about industrial natural gas in NM

More about 88241

About 88241

The 88241 ZIP code is in Lea County in the city of Hobbs, NM. ^[4]

Natural Gas in 88241

To learn more about natural gas rates in 88241, or for more resources related to natural gas in Hobbs, visit the U.S. Energy Information Administration.

Did you know?

Five states accounted for 67% of 2013 U.S. dry natural gas production: Texas, Pennsylvania, Louisiana, Oklahoma & Wyoming.

Additional Cities in NM

Other ZIP Codes in NM

References

1. ^ U.S. Energy Information Administation (EIA)

2. ^ U.S. Department of Energy

3. ^ EIA & United States Census Bureau

4. ^ United States Census Bureau