Natural gas is heating up again as its price rallied last week. Based on the recent EIA update, part of the rise could be attributed to the first extraction from storage for this season buildup: the storage extraction was 45Bcf.…
Natural gas continued to trade up during last week. Part of the rally could be attributed to the low storage buildup according to the EIA recent weekly update: the storage buildup was only 20Bcf. Despite the low injection, it was…
The price of natural gas sharply rose today as the EIA released its recent weekly update: the storage buildup was 35Bcf, which was lower than expected. Despite the low injection, it was still higher than the five year average. Moreover,…
In a recent interesting article by the Fool it was asked and answered why gas prices won’t break anytime soon the $5 a gallon mark. The author made some interesting and convincing arguments; however, based on the recent developments in…