Natural Gas Supplies Still Plentiful
Posted on May 11, 2012 at 15:43 PM EDT
The U.S. Energy Department’s weekly inventory release showed a smaller-than-expected increase in natural gas supplies on the back of utilities switching from the more expensive coal to gas (for power burn) and a decline in pipeline imports from Canada.           Despite the meager (and below estimate) supply build, the injection – the eighth in 2012 – [...]

The U.S. Energy Department’s weekly inventory release showed a smaller-than-expected increase in natural gas supplies on the back of utilities switching from the more expensive coal to gas (for power burn) and a decline in pipeline imports from Canada.          
Despite the meager (and below estimate) supply build, the injection – the eighth in 2012 – has added to already bloated inventories. Gas stocks – currently some 45% above the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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