Natural Gas Prices Climb on Lower Supplies
by weather.com and Associated Press
Heating oil demand down, prices up
http://www.weather.com/outlook/weather-news/news/articles/natural-g...
NEW YORK (AP) -- Natural gas prices climbed more than 3 percent Thursday after the government said the nation's supplies shrank last week.
Gas supplies dropped by 132 billion cubic feet last week, according to the Energy Information Administration. The decline was more than analysts expected, but the overall storage level of 2.97 trillion cubic feet remains well above five-year levels for this time of year.
Tags: gas, heating, higher, natural, oil, prices, warm, weather
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