Natural Gas Plummets –

Natural Gas fell to a five month low when supply reports indicated a drop less than expected.  The decline was only 11 billion cubic feet which was much lower than the 30 that was predicted.  Also, the weather reports indicate higher than normal temperatures over the next week to ten days.  This will move up the timeframe for the refill season and could make the next two inventory reports positive.   Rig counts are also expected to remain stable or increase in numbers.

To read a Business Week article, please click here:


Jim Sutliff

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