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Nat Gas Prices: Freefall Continues
The U.S. Energy Department’s weekly inventory release showed a larger-than-expected increase in natural gas supplies, as record-warm March temperatures across the country have restricted the commodity’s requirement for power burn. The injection – third in 2012 – has added to the already bloated inventories, thereby pressuring spot prices that slipped to a 31-month low. Gas [...]

The U.S. Energy Department’s weekly inventory release showed a larger-than-expected increase in natural gas supplies, as record-warm March temperatures across the country have restricted the commodity’s requirement for power burn. The injection – third in 2012 – has added to the already bloated inventories, thereby pressuring spot prices that slipped to a 31-month low.
Gas stocks – currently some 60% above the benchmark five-year average levels – are at their highest point for this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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