Thursday, September 14, 2006

Cheap Natural Gas

Natural-gas futures closed Thursday at their lowest level since late February, 2004 after a U.S. government report showed a triple-digit increase in supplies of the fuel for the first time in more than a year...

Natural gas for October delivery closed down 55.7 cents, or 9.6%, at $4.892 per million British thermal units after trading as low as $4.810. The contract hasn't touched levels this low since late February, 2004.