Thursday, December 29, 2011

Natural Gas Prices predictions January 2012

LinkNatural Gas Prices predictions January 2012 : Natural gas futures dropped to the lowest price in more than two years after a government report showed a smaller-than- forecast decline in U.S. inventories and a growing surplus of the heating fuel.

Gas fell 3 percent after the Energy Department said stockpiles slipped 81 billion cubic feet in the week ended Dec. 23 to 3.548 trillion. Analyst estimates compiled by Bloomberg showed an expected withdrawal of 85 billion. The drop was smaller than the five-year average decline for the week of 122 billion.

Natural gas for February delivery fell 9.4 cents to $3.027 per million British thermal units on the New York Mercantile Exchange, the lowest settlement price since Sept. 11, 2009. The futu
Linkres have tumbled 31 percent this year.

top commodities -Natural Gas Prices predictions 2012
Booming U.S. natural-gas production from shale formations and slowing demand from households, factories and power plants are poised to send prices down for an unprecedented fifth year in 2012. Read more..

trading NR - Natural Gas Prices Outlook for January 2012
What is up ahead for U.S. natural gas prices during the first month of 2012? Let’s analyze the changes in the natural gas prices during December 2011 and provide an outlook for natural gas prices for January 2012: Read more..

Natural Gas Prices in Bulgaria Up by 4.34% from January
The Q1 2012 price of natural gas will go up by 4.34%, the State Commission for Energy and Water Regulation (DKEVR) announced after a closed session on Thursday. Starting January 01, 2012, 1000 cu m of natural gas will cost BGN 620, VAT excluded, said DKEVR Chair Angel Semerdzhiev, as quoted by the Bulgarian National Radio (BNR). Read more..
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1 comment:

  1. this is very good news for natural gas. thanks for sharing its.

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