Natural Gas took a dive today with prices falling over 2o cents for the May, June, and July contracts. Supplies grew higher than analysts expected and the rig counts also increased in number. Unemployment numbers also increased which indicated to some traders that the economic recovery may not be as strong as expected.
To read a related article, please click here:
http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/04/14/bloomberg1376-L0XG0107SXKX-1.DTL
Jim Sutliff