Category: Natural gas storage

Natural Gas Tumbled Down Below $4.8

Natural Gas price chart - February 3-7 2014

The price of natural gas changed course and fell during the second half of the week and fell below the $4.8 mark – the lowest level in the past couple of weeks. The average weekly price was still 4.1% higher…

Will The Natural Gas Market Slow Down?

The price of natural gas jumped again and on Wednesday passed the $5.5 level – the highest level since January 2010. By the end of the week, however, natural gas tumbled down to below $5. United States Natural Gas (UNG)…

Will The Natural Gas Market Change Course?

The price of natural gas has spiked last week to pass the $5 mark – the highest level since June 2010.  United States Natural Gas (UNG) has also jumped during last week. The cold weather has pressured up the price…

Natural Gas Spiked Over $5

The price of natural gas continues to sharply rise as the price passed the $5 mark at the end of last week – the last time the price passed this threshold was back in June 2010. The average weekly price…

Will Natural Gas Continue to Recover?

The natural gas market heated up in the past several weeks as the extreme cold weather in the Northeast and Midwest increased the demand for natural gas. Will the price of natural gas continue to rise?  How will the latest…

Is Natural Gas Heading towards $4.5?

The price of natural gas has bounced back last week to pass the $4.3 mark.  United States Natural Gas (UNG) has also recovered from its tumble earlier this month. Looking forward, the expected decline in temperatures in the coming weeks…

Natural Gas Bounced Back to Hover over $4.3

The price of natural gas bounced back from its recent tumble. The average weekly price was still 1.1% lower than the previous week. In the latest EIA report, the natural gas storage decreased by 287 Bcf. Last week’s extraction was…

Will Natural Gas Bounce Back?

The price of natural gas has tumbled down last week.  United States Natural Gas (UNG) has also followed and plummeted. Nonetheless, due to very low temperatures mainly in the Northeast and Midwest, the demand for natural gas spiked last week.…

Natural Gas Plunged by 5.8%

The price of natural gas changed course and tumbled down during last week. The average weekly price was also around 2% lower than the previous week. In the recent EIA report, the natural gas storage decreased by 157 Bcf. Last…

Is Natural Gas Changing Course?

The price of natural gas has declined again during last week.  United States Natural Gas (UNG) has also followed and decreased. Due to the holiday season the U.S Energy Information Administration didn’t release its weekly report only the change in…