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Back You are here: Home Web Only Industry Headlines End-User News Rush for Natural Gas Sets Off Frenzy

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Rush for Natural Gas Sets Off Frenzy

Natural gas prices have moved in one direction this summer, down, and the vast caverns that hold it are dangerously close to reaching capacity, yet since the beginning of the month prices have spiked 44 percent.

A record number of futures contracts were snapped up this week, most likely because buyers didn't see prices for natural gas getting much cheaper.

Source: AP

 

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