Less natural gas used in U.S. electricity generation during summer of 2017 compared with 2016
After decreasing nearly 20 per cent in the first half of 2017, the spot energy index in the Standard and Poor’s (S&P) Goldman Sachs Commodity Index (GSCI) ended 2017 16 per cent higher than the beginning of the year, according to the U.S. Energy Information Administration.
Higher crude oil and petroleum product prices in the second half of 2017 were responsible for the increase in the S&P GSCI energy index.
