Thursday, August 30, 2007

Natural Gas Prices Lower

Thestreet.com reported today after the release of figures from the United States Energy Information Administration released its end of the week figures that showed crude oil and refined products received a boost from bullish petroleum inventory figures Wednesday, while natural gas continued to trend lower in New York.
Thestreet.com reported today after the release of figures from the United States Energy Information Administration released its end of the week figures that showed October light sweet crude gained $1.76 to $73.49 a barrel, and reformulated gasoline rose 9 cents to $2.10 a gallon. Heating oil climbed 5 cents to $2.04 a gallon.
Thestreet.com reported today after the release of figures from the United States Energy Information Administration released its end of the week figures that showed near-term natural gas lost 16 cents, finishing at $5.43 per million British thermal units.
The Energy Information Administration's oil inventory report for the week ended Aug. 24 was more supportive of prices than oil and gas analysts were expecting.
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