Natural Gas Prices At Lowest Levels In Seven Years:



Natural gas tumbled 4.5 cents to $2.865 per 1,000 cubic feet during Thursday, Aug. 27th. The price of natural gas dropped as low as $2.692 per 1,000 cubic feet earlier on Aug. 27, a price not seen since Aug. 7, 2002. Also, during Aug. 27, benchmark crude for October delivery added $1.06 to settle at $72.49 a barrel on the New York Mercantile Exchange.



UPDATE:

During morning… Continue

Oil prices fell below $66/barrell on Aug. 17 despite three (3) tropical weather systems brewing (one done, two cooking... "Claudette", "Ana" & Hurcn. "Bill"). The appearance of hurricanes and tropical storms, which can damage oil and natural gas operations in the Gulf of Mexico, were outweighed by new reports today showing that nervous consumers are holding on to their money as the economic recession drags on.

In morning trading on Aug. 17, benchmark crude for September delivery… Continue

Natural gas for August delivery slid 0.5 cent to $3.996 per 1,000 cubic feet during morning trading on Aug. 5.

U.S. crude inventories unexpected fell the week of July 27-Aug 1, a sign demand could be rebounding;

Oil prices slipped to near $71 a barrel Wednesday morning (Aug. 5) amid mixed economic news from the U.S.



Natural Gas Company News:



XTO ENERGY INC (Aug. 5): The company recently reported a lower profit but has raised its… Continue