Tag: EIA report

Will The Natural Gas Market Slow Down?

The price of natural gas jumped again and on Wednesday passed the $5.5 level – the highest level since January 2010. By the end of the week, however, natural gas tumbled down to below $5. United States Natural Gas (UNG)…

Natural Gas Jumped Again to Pass $5.5

The price of natural gas rose again during the first half f the week and passed at one point the $5.5 mark – the highest level since January 2010 – only to tumble down in the last two days of…

Natural Gas Spiked Over $5

The price of natural gas continues to sharply rise as the price passed the $5 mark at the end of last week – the last time the price passed this threshold was back in June 2010. The average weekly price…

Is Natural Gas Heading towards $4.5?

The price of natural gas has bounced back last week to pass the $4.3 mark.  United States Natural Gas (UNG) has also recovered from its tumble earlier this month. Looking forward, the expected decline in temperatures in the coming weeks…

Natural Gas Bounced Back to Hover over $4.3

The price of natural gas bounced back from its recent tumble. The average weekly price was still 1.1% lower than the previous week. In the latest EIA report, the natural gas storage decreased by 287 Bcf. Last week’s extraction was…

Will Natural Gas Bounce Back?

The price of natural gas has tumbled down last week.  United States Natural Gas (UNG) has also followed and plummeted. Nonetheless, due to very low temperatures mainly in the Northeast and Midwest, the demand for natural gas spiked last week.…

Natural Gas Plunged by 5.8%

The price of natural gas changed course and tumbled down during last week. The average weekly price was also around 2% lower than the previous week. In the recent EIA report, the natural gas storage decreased by 157 Bcf. Last…

Is Natural Gas Changing Course?

The price of natural gas has declined again during last week.  United States Natural Gas (UNG) has also followed and decreased. Due to the holiday season the U.S Energy Information Administration didn’t release its weekly report only the change in…

Natural Gas Declined to $4.3

The price of natural gas moved in an unclear trend during last week. Despite this unclear trend, the price of natural gas ended the week close to $4.3 – lower than the previous week’s price. In the latest EIA report,…

Natural Gas Changed Direction and Slightly Fell

The price of natural gas changed direction and slightly declined during last week. Despite this drop, the price of natural gas is still hovering above the $4.4 mark. In the latest EIA report, the natural gas storage sharply fell again…