Natural gas price may rise

Nov 10, 2007

Natural gas price may rise

Oil prices are trading at all time high but Natural gas is priced low with respect to its highest price. Oil has risen by more than 40% this year while Natural gas is at pretty much the same level as it was last year. This should attract some Americans to use Natural gas for heating instead of oil during this winter season. Natural gas is selling at about $8 per million BTU. Seeing the increase in demand in future the prices of Natural gas may increase by some amount.

No comments:

Post a Comment

The contents of this blog are personal opinion/ views of the author and carry no relation to any firm/organization to which the authors are related. The articles are for information/educational/learning purpose only and should not be treated as recommendation for engaging in any market related activities like buy/sell/short-sell/lease etc.

Though the authors have done their best to make sure that the content in this blog is legitimate and authentic, however errors can't be ruled out. The authors are not responsible for any possible loss arising due to use of any information provided in this blog or in any other relation to this blog.

Any article/post in this blog can be used freely by giving link to that post. For further details, please visit Copyright and Disclaimer.

We may use third-party advertising companies to serve ads. These companies may use information (not including your name, address, email address, or telephone number) about your visits to this and other websites in order to provide advertisements about goods and services of interest to you (e.g. DART cookie). If you would like more information about this practice and to know your choices about not having this information used by these companies, please click here.

Nov 10, 2007