Natural Gas storage increased 11 billion cubic feet last week and that was in line with analyst expectations. This marked the first increase in storage levels for the year and it helped send prices for the April contract below the $4 dollar mark. An increased rig count will also work to lower prices in the short term.
To read an article by The Street, please click here:
http://www.thestreet.com/story/10711362/1/natural-gas-futures-drop-3.html?cm_ven=GOOGLEN
James Sutliff