Just about a year ago, natural gas prices were peaking above $13.50 per 1,000 cubic feet in futures trading on the New York Mercantile Exchange. Today, gas fetches less than $4. For full story, click here
Thursday, May 7, 2009
Natural gas futures have advanced above $4 for the first time in six weeks on prospects for stronger demand, after a government report raised speculation that the slump is easing. For full story, click here
Continue reading "Natural Gas Futures topped $4 for first time in six weeks"
Thursday, March 5, 2009
U.S. natural gas producers have begun to cut back on drilling in order to tighten the market after near record-high production and a recession last year led to severe oversupply and tumble in prices. Barclays Capital commodities analyst Biliana Pehlivanova said: I do think the steady decline in drilling will tighten the supply and demand [...]
Continue reading "U.S Natural Gas Producers cut Drilling Operations"
Monday, February 23, 2009
Natural gas declined below USD 4 per million British thermal units for the first time in more than 6 years due to worsening recession and declining demand. For more information, click here
Continue reading "Natural gas declined below USD 4"
The Gas Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
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Sunday, July 19, 2009