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    market news

    Canadian Gas Drops 1 Percent

    Investing News Network
    Dec. 15, 2011 05:10PM PST
    Oil and Gas Investing

    Bloomberg reported that Canadian natural gas dropped after the U.S. Energy Department reported that inventories of the fuel are 10.3 percent above five-year-average levels.

    Bloomberg reported that Canadian natural gas dropped after the U.S. Energy Department reported that inventories of the fuel are 10.3 percent above five-year-average levels.

    As quoted in the market news:

    Alberta gas declined 1 percent after the Energy Department said stockpiles dropped 102 billion cubic feet to 3.729 trillion last week, compared with a five-year average of 3.382 trillion.

    Click here to read the full Bloomberg report.

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