Natural Gas Bounces Back –

Natural gas bounced back a little and settled up 8.2 cents for the trading day.  Natural gas is near a 13 month low and that helped to spark interest that it may be oversold.  Weather forecasts for cooler temps in late October also fueled speculation that natural gas could climb in the next few weeks.  Large supplies and easy production increases will work against natural gas prices in the near term.

To read a related Wall Street Journal article, please click here:

http://online.wsj.com/article/BT-CO-20101019-714565.html

James Sutliff

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