Natural Gas Prices Continue To Sink
Posted on April 20, 2012 at 18:00 PM EDT
The U.S. Energy Department’s weekly inventory release showed an in-line increase in natural gas supplies, as maintenance on two nuclear units in Southern California led to increased natural gas demand in the region. However, this is largely seen as a one-off shot, with mild April temperatures across the country restricting the commodity’s requirement for power [...]

The U.S. Energy Department’s weekly inventory release showed an in-line increase in natural gas supplies, as maintenance on two nuclear units in Southern California led to increased natural gas demand in the region.
However, this is largely seen as a one-off shot, with mild April temperatures across the country restricting the commodity’s requirement for power burn. The injection – the fifth in 2012 – has added to already bloated inventories, thereby pressuring spot prices that slipped to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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