InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.68
(
-0.08%
)
US TECH 100
19,176.40
(
0.01%
)
Dow Jones
39,133.39
(
0.05%
)
Brent Oil
84.41
(
0.26%
)
Bitcoin
60,889.15
(
-1.49%
)
Post# of 1197
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Mr. Zen

Send PM Follow Ignore
Followers 436
Posts 18580
Boards Moderated 0
Alias Born 09/10/2000

Mr. Zen

Re: None

Wednesday, 10/05/2005 7:14:24 PM

Wednesday, October 05, 2005 7:14:24 PM

Post# of 1197
Natural gas futures closed at a record high of $14.224 per 1,000 cubic feet on Tuesday; they fell 4.1 cents on Wednesday to $14.183, but that is still roughly double year-ago prices.

The Interior Department said Tuesday that heavy damage by Hurricanes Katrina and Rita would mean a slow recovery for offshore natural gas production. The Gulf Coast produces about one-fifth of the natural gas used by U.S. industry and to heat homes. The loss of natural gas output is particularly troublesome, analysts say, because there is no emergency stockpile.


There is no substitute for conducting your own research

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up