Thursday, March 4, 2010

Natural Gas Falls on Inventory

Natural gas prices

Natural gas prices plunged today as data from the U.S. government showed that the drop in inventory was not as much as expected.

The sudden warming up has been a major factor in the higher inventory, as stockpiles were ready if cold weather patterns persisted.

Natural gas storage levels currently exceed the five-year avaerge, said the Energy Information Administration.

Natural gas prices

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