Natural Gas Drops to Six-Week Low on Forecast of Milder Weather

- February 7th, 2011

Bloomberg reports that Natural gas futures declined to the lowest level in almost six weeks.

Bloomberg reports that Natural gas futures declined to the lowest level in almost six weeks.

The market news is quoted as saying:

Natural gas for March delivery fell 14.7 cents, or 3.4 percent, to $4.163 per million British thermal units at 12:03 p.m. on the New York Mercantile Exchange after declining to $4.154, the lowest intraday price since Dec. 28. The futures have dropped 25 percent from a year ago.

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2 responses to “Natural Gas Drops to Six-Week Low on Forecast of Milder Weather

  1. I thought that Fernandez only required at least 30% of the export revenue to stay within the Argentina.  Which means 70% would still be available to fund other ventures.

  2. I thought that Fernandez only required at least 30% of the export revenue to stay within the Argentina.  Which means 70% would still be available to fund other ventures.

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