Natural Gas Dealers up on High Prices

Oil and Gas Investing

Business Week reports that on the New York Mercantile Exchange, natural gas futures surged more than 2 percent, to $4.356 per 1,000 cubic feet.

Business Week reports that on the New York Mercantile Exchange, natural gas futures surged more than 2 percent, to $4.356 per 1,000 cubic feet.

The market news is quoted as saying:

Natural gas futures bounced after a two-day sell-off, and talk from President Obama did not hurt.

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