Natural Gas Futures Sink to 7-Year Low After EIA Data
By Kristina Zurla Landgraf • Aug 20th, 2009 • Category: Broker Commentary, Market UpdatesThoughts on Natural Gas by Matt Krupski Natural gas futures fell to a seven-year low after the release of weekly inventory data from the Energy Information Administration. NYMEX September futures slid under $3 per million British thermal units. The question is, how low can natural gas go? The EIA reported an injection into storage of [...]
