The steep decline in natural gas prices doesn't appear to have any short-term fixes on the horizon. Prices slipped below the $2 mark yesterday for the first time in more than 10 years, and many analysts say prices could go even lower through the summer. Now you can add Goldman Sachs to that camp.
We just posted this story from our partners at OilPrice.com about how natural gas players are are doing to the "dark side," drilling for oil, a commodity that might actually make it some money. Goldman Sachs seems to think they're c... Read Post
Crude oil for March delivery has slipped below the $100 mark and is well off its day-high of $100.45 per barrel. Prices rose after the Federal Reserve said it would keep interest rates low until 2014, and after Iran said it would ha... Read Post
Natural gas prices plunged on new inventory data. February 2012 natural gas contracts declined 3.2% in value. Prices touched as low as $3.001 per million British thermal units during the day, before rebounding slightly. Natural gas ... Read Post