US natural gas prices have skyrocketed to levels unseen since 2008, a spike that threatens to offset the benefits of falling prices at the gas pump. Natural gas is flared off in the Permian Basin oil field on March 12 in Midland, Texas.
Mandatory Credit:	Joe Raedle/Getty Images

US natural gas prices have skyrocketed to levels unseen since 2008, a spike that threatens to offset the benefits of falling prices at the gas pump. Natural gas is flared off in the Permian Basin oil field on March 12 in Midland, Texas.
Mandatory Credit: Joe Raedle/Getty Images

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US natural gas prices spike to 14-year high. Here's why

US natural gas prices have skyrocketed to levels unseen since 2008, a spike that threatens to offset the benefits of falling prices at the gas pump.