Featured Blog Posts – January 2012 Archive (1)

Jan. 12, 2012: Natural Gas Price Sinks Due To Oversupply And A Mild Winter Season; Below $3 Per 1,000 Cubic Feet

Huge Supplies & A Mild Winter Causes Natural Gas Prices To Drop on Jan. 12, 2012 To Near Historic Lows:

The price of natural gas for February delivery fell 8 cents to end at $2.6970 per 1,000 cubic feet on Jan. 12.  The price has fallen 13% this week alone due to a relatively mild winter weather cutting heating demand and huge supplies.  On Jan. 12, 2012, the Energy Information Administration said supplies are 13.4…

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Added by weatherman on January 13, 2012 at 4:00 — No Comments

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