Friday, March 26, 2010

Natural Gas Hits Record April Low

Natural Gas in Record April Low

As natural gas storage inventory grew last week, reports helped drive prices even lower, dropping it the lowest levels ever recorded in April, according to The Associated Press.

The lowest April price referred to was when contracts fell to $3.94 during the Thursday session.

Storage levels weren't able to be drawn down as thought, with warmer weather cutting back on demand.

For the five-year average, natural gas storage levels are 8 percent higher than usual.

Natural Gas in Record April Low

1 comment:

Anonymous said...

@@#$%^&**(())*&^%$#!@!@#$%%^&^&**((&^&^&&** CRAP!!!!!!