19 Feb 2014 More

Natural Gas Prices Surge on Cold Weather Forecast

posted by Brown Books @ 16:38 0 Comments

Image of a natural gas well
Natural gas prices surged Wednesday by 11 percent as forecasts for another arctic air blast heading toward North America sent March futures up to $6.149 mmbtu  That’s a new five-year high.

"This year, with this cold weather and demand levels, there's a question of whether these oversupply years are over and we're going to reach an equilibrium,” says Gene McGillian, analyst with Tradition Energy.

Also from Brown

If you're in the oil business then you know just how important your tools are. Come check out all the great tools at our news tools division site, BrownToolBox.com.

If you like keeping up with news and events, we invite you to come see our new oil & gas media site, BrownPetro.com.

Brown Book Shop, est. in 1946, is America's leading technical bookstore.  Brown Knows Books.

Back to Blog Main Page



0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home