Not Pretty

Posted on December 31, 2011 by Vorys

Natural gas prices have reached a 2-year low, according to this article in the WSJ:  "Natural gas for February delivery lost 9.4 cents, or 3%, to settle at $3.027 cents per million British thermal units on the New York Mercantile Exchange, the contract's lowest settlement since September 2009. *** Futures hit an intraday low of $3.001/MMBtu, bringing the front-month price within striking distance of $3, a level that also was last reached in September 2009."

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