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 of 25 billion cubic feet.
To read a related Wall Street Journal article, please click here:
http://online.wsj.com/article/BT-CO-20120816-711482.html
Jim Sutliff