Thursday, September 21, 2006

Nat Gas Prices Dip

MarketWatch:
Natural-gas futures fell Thursday, sending the October contract to a close at its lowest level in two-and-a-half years after a U.S. government report showed that supplies of the fuel were at a more than comfortable level -- 13% above a year ago...

Natural gas for October delivery fell by 15 cents, or 3%, to close $4.781 per million British thermal units on the New York Mercantile Exchange after reaching a low of $4.60, the weakest level the contract has seen since February 2004.