Monthly Archives: August 2012

Natural Gas Falls Ahead Of Storm –

Natural gas traded lower after forecasts predicted that Tropical Storm Isaac will miss major production areas of the Gulf of Mexico.  Natural gas traded slightly above $2.7 a million British Thermal Units.  Also, the Energy Information Administration indicated a larger than … Continue reading

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Natural Gas Trades Lower –

Natural gas traded lower on Thursday and settled at $2.724.  Mild weather forecasts and high inventory levels contributed to the decline.  Earlier, the Energy Information Administration indicated that natural gas storage increased 20 billion cubic feet last week.  Analysts had expected an increase … Continue reading

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Gold & Silver Increase –

Gold and silver increased after confidence rose following a European Union summit.  European Union leaders agreed to work at lowering the borrowing costs for Italy and Spain.  Gold rose 3% and settled slightly below $1,600 an ounce.  Silver increased by more … Continue reading

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Natural Gas Futures Decline –

Natural gas futures declined in trading on Friday and closed below $3 per million British thermal unit.  Rising supplies and a moderate weather forecast worked to drive prices lower in trading.  On Thursday, the Energy Information Administration indicated that gas … Continue reading

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