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    Canadian Natural Gas Up 3.4% After Report of U.S. Stockpile Drop

    Investing News Network
    Feb. 16, 2012 01:56PM PST
    Oil and Gas Investing

    Bloomberg reported that Canadian natural gas surged 3.4 percent as Energy Department report showed that oil stockpiles dropped more than expected.

    Bloomberg reported that Canadian natural gas surged 3.4 percent as Energy Department report showed that oil stockpiles dropped more than expected.

    As quoted in the market news:

    Alberta gas rose 3.4 percent as inventories dropped 127 billion cubic feet to 2.761 trillion last week, according to the Energy Department.

    Click here to read the full Bloomberg report.

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