By Duncan Sutherland – Exclusive to Gas Investing News Market News: It seems as if natural gas futures have hit a band of support in the $7.25-$7.50 range, which is good news for investors as winter approaches. Structural factors suggest that natural gas will become dearer in winter, especially if the current low prices have [...]
Natural-gas futures closed nearly 2% higher Friday on concerns that Hurricane Ike may disrupt energy production for a long period by damaging refining infrastructure in the Gulf of Mexico region. James Williams, an economist at WTRG Economics, said: Hurricane Ike puts about 20% of the U.S. production of crude oil and natural gas in the [...]
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