As expected there weren’t any major headlines coming out of the recent FOMC meeting, which was the second Federal Open Market Committee meeting for 2012. The Fed stated it sees signs of recovery in the U.S. economy in recent month…
Natural gas price sharply declined during last week. The pace natural gas is extracted from storage is similar to the level extracted during the same week last year despite the slightly higher than normal weather. But the storage levels are…
Natural gas price declined during the past couple of weeks even though its weekly average price was higher than at the beginning of the month. The amount of natural gas extracted from storage during last week was very similar to…
Natural gas spot price remained nearly unchanged during last week, after they had rallied a week earlier. The extraction of natural gas from storage continues to rise, but at the current rate it seems the storage levels will continue to…
Natural gas prices changed direction last week and slightly rose during last week. The extraction of natural gas from storage started to pick up last week, but it is still low compared with the extraction in the parallel week of…
Natural gas prices resumed their downward trend during last week and sharply fell. The extraction of natural gas from storage is still lower than the parallel week of 2011. This could mean natural gas prices will continue their fall in…
Natural gas prices changed direction during last week and sharply rallied from their tumble of past weeks; some of this rally might be explained by the announcement to cut natural gas production in the U.S. In the meantime, the extraction…
Natural gas prices continue their freefall of recent weeks; the natural gas storage levels are still high for the season but the extraction of natural gas from storage is starting to pick up. Here is a summary of the recent…
Natural gas is on the rise and after the sharp fall of natural gas prices in recent weeks, it changed direction yesterday and bounced back. Some attribute to the recent news of Chesapeake Energy to cut by half its production.…
Natural gas prices continue their downward trend of recent months; the natural gas storage levels are still very high for the season and the extraction of natural gas from storage is still low for the season. This situation is partly…