Sunday, February 15, 2009

Natural Gas Drops to New Lows

My charts don't go back far enough to know how long ago natural gas reached prices this low. However, in evening trading, natural gas has declined to price lows that we haven't seen in recent history within the past few years. However, my March '09 contract charts show that the price of natural gas hasn't been this low since it began trading in April '04, so this is a historically-low price level.