Natural Gas Drops 4.5 Percent to Two-Year Low

- January 16th, 2012

Bloomberg reported that natural gas futures plunged 4.5 percent falling to a two-year low.

Bloomberg reported that natural gas futures plunged 4.5 percent falling to a two-year low.

As quoted in the market news:

Natural gas for February delivery fell 12 cents to $2.555 a million British thermal units on the Nymex and traded as low as $2.54, the lowest since Sept. 4, 2009. Futures have declined more than 16 percent in the past six days, the largest drop since November 2006.

Click here to read the full Bloomberg report.

Leave a Reply