Tag: storage extraction

Natural Gas Tumbled Down Below $4.8

Natural Gas price chart - February 3-7 2014

The price of natural gas changed course and fell during the second half of the week and fell below the $4.8 mark – the lowest level in the past couple of weeks. The average weekly price was still 4.1% higher…

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…

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…

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…

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…

Natural Gas Bounced Back to $4.4

The price of natural gas changed direction and tumbled down during the most of the week. Alas on Thursday, following the release of the updated EIA report, in which the natural gas storage plummeted by 285 Bcf, the price of…

Natural Gas Passed the $4 Mark – What’s Next?

The price of natural gas spiked on Thursday and passed the $4 mark, following the drop in storage. According to the recent weekly EIA update, the storage extraction was 162Bcf. This week’s extraction was much higher than the five year…