Natural Gas Price Surges 6.1 Percent

- July 30th, 2012

CBS News reported that the price of natural gas surged 6.1 percent to $3.199 per 1,000 cubic feet.

CBS News reported that the price of natural gas surged 6.1 percent to $3.199 per 1,000 cubic feet.

As quoted in the market news:

Natural gas prices have been climbing as temperatures rise. Many utilities burn natural gas to generate electricity, and electricity demand jumps during a heat wave as power customers run their air conditioners more often.

Click here to read the full CBS News report.

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