Residential natural gas prices in 88242 (based on overall New Mexico data) averaged $13.87 per thousand cubic feet in September 2024. This average rate was approximately 39% less than the U.S. average rate of $22.74 per thousand cubic feet for residential customers in the most recent month with data. [1]
Year over year, the average residential natural gas rate in 88242 increased -15.94 percent, from $16.50 per thousand cubic feet in September 2023 to $13.87 per thousand cubic feet in September 2024. [1]
*Prices listed as 0 (zero) are not available (N/A).
88242 industrial natural gas prices in September 2024 (based on New Mexico data) averaged $2.99 per thousand cubic feet, which was approximately 8.8% less than the average rate of $3.28 per thousand cubic feet in the United States overall in the most recent month with data. [1]
Year over year, the average industrial natural gas rate in 88242 increased 28.33 percent, from $2.33 per thousand cubic feet in September 2023 to $2.99 per thousand cubic feet in September 2024. [1]
*Prices listed as 0 (zero) are not available (N/A).
Learn more about industrial natural gas in NM
Learn more about residential natural gas in NM Learn more about industrial natural gas in NMThe 88242 ZIP code is in Lea County in the city of Hobbs, NM. [4]
To learn more about natural gas rates in 88242, or for more resources related to natural gas in Hobbs, visit the U.S. Energy Information Administration.
The U.S. used 26.13 trillion cubic feet (Tcf) of natural gas in 2013, which equals about 27% of total U.S. energy use.
