Saturday, December 06, 2008
Natural Gas Futures
Natural gas for January delivery settled at $6.017 per thousand cubic feet, or one million British Thermal Units, on the New York Mercantile Exchange. Natural gas storage in the U.S. totaled 3.358 trillion cubic feet and 64 billion cubic feet was withdrawn from storage in the week ended Nov 28. (Sources: U.S. Energy Information Administration, Thomson Reuters Datastream, The Wall Street Journal-12/5/08).