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Hobbs, NM Natural Gas Rates

Natural Gas Rates in Hobbs

^ Year over year, the average residential natural gas rate in Hobbs increased -38.29 percent. [Read More]

Natural Gas Usage in Hobbs

^ Hobbs residents used an estimated 116 million cubic feet of natural gas in January 2024. [Read More]

Natural Gas Customers in Hobbs

^ There are an estimated 10,123 residential natural gas customers in the city of Hobbs. [Read More]

Hobbs, NM Natural Gas Prices

Natural Gas Rates in Hobbs, NM

Residential Natural Gas Rates in Hobbs

Residential natural gas prices in Hobbs, NM (based on New Mexico data) averaged $8.67 per thousand cubic feet in January 2024. This average rate was approximately 26.6% less than the U.S. average rate of $11.82 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 Hobbs increased -38.29 percent, from $14.05 per thousand cubic feet in January 2023 to $8.67 per thousand cubic feet in January 2024. [1]

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


Industrial Natural Gas Rates in Hobbs

Hobbs, NM industrial natural gas prices in January 2024 (based on New Mexico data) averaged $6.89 per thousand cubic feet, which was approximately 38.9% more than the average rate of $4.96 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 Hobbs decreased 19.51 percent, from $8.56 per thousand cubic feet in January 2023 to $6.89 per thousand cubic feet in January 2024. [1]

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


Natural Gas Usage in Hobbs, NM

Hobbs Natural Gas Customers

Hobbs Natural Gas Customers

An estimated 610,898 residential consumers use natural gas in New Mexico, which is approximately 0.8% of the total number of residential natural gas consumers in the United States overall. [2]

Hobbs: There are an estimated 10,123 residential natural gas customers in the city of Hobbs. [3]


Residential Natural Gas Consumption in Hobbs

Natural Gas Usage in Hobbs

Residential natural gas usage in New Mexico in January 2024 was 6,974 million cubic feet, or approximately 0.8% of the total residential consumption in the U.S. of 918,996 million cubic feet that month. [1]

Hobbs residents used an estimated 116 million cubic feet of natural gas in January 2024, or about 2 percent of the overall usage in New Mexico that month. [3]


More New Mexico Natural Gas Statistics

New Mexico Industrial Natural Gas Consumers

  • Industrial Natural Gas Consumers in NM
    • An estimated 470 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]
  • natural gas Learn more about industrial natural gas in NM
New Mexico Share of Natural Gas Usage

New Mexico Share of Natural Gas Usage

  • How NM Compares to the U.S.
    • New Mexico accounted for .74% of overall residential deliveries of natural gas in the United States in 2022. [2]
    • In 2022, New Mexico accounted for .16% of total industrial deliveries of natural gas in the nation as a whole. [2]
  • natural gas 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 38.9% more than the average residential natural gas rate in the United States overall. [1]
  • natural gas Learn more about industrial natural gas in NM

More about Hobbs

About Hobbs

Hobbs (New Mexico) is a city in Lea County with a population of approximately 34,122. [4]

NM Natural Gas

Hobbs, NM Natural Gas

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

Did you know?

Five states accounted for about 40% of total U.S. natural gas consumption in 2013: Texas, California, Louisiana, Florida, & New York.

Additional Cities in NM

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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