While gasoline has been playing an ugly role in our lives, natural gas is looking better all the time. That’s because there is a massive oversupply of natural gas. The price of natural gas has dropped so much that the price is significantly below wholesale a year ago. So, in states where the price of natural gas is regulated, people will see that savings trickle down to them. In states where the price fluctuates, people will need to shopping around. But it’s a great picture nonetheless. The price of natural gas after Hurricane Katrina last year was about $1.50. Today it’s about 56 cents per therm!