Gas Investing News » Natural Gas supply is surging but demand is low

Natural Gas supply is surging but demand is low

March 30, 2009 @ 12:31 pm In Gas Market News

As prices at the gas pump slowly rise, the price of fuel to heat homes and power buildings remains low as the world faces an abundance of natural gas.

Tim Rundall, director of gas supply for South Jersey Gas, stated:

There are fewer rigs out there.

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