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    market news

    Canadian Natural Gas Declined 10 Cents to C$2.0725 a Gigajoule

    Investing News Network
    May. 25, 2012 09:17PM PST
    Oil and Gas Investing

    Bloomberg reported that Canadian natural gas declined 10 cents to C$2.0725 a gigajoule on concern over forecasts of moderate temperatures.

    Bloomberg reported that Canadian natural gas declined 10 cents to C$2.0725 a gigajoule on concern over forecasts of moderate temperatures.

    As quoted in the market news:

    Alberta gas for June delivery dropped 10 cents to C$2.0725 a gigajoule ($1.90 per million British thermal units) on NGX, a Canadian internet market, at 3:35 p.m. New York time. Gas traded on the exchange is shipped to users in Canada and the U.S. and priced on TransCanada Corp. (TRP)’s Alberta system.

    Click here to read the full Bloomberg report.

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