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Non-Tech : Deflation -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (498)8/20/2009 4:34:28 PM
From: Snowshoe  Read Replies (1) | Respond to of 621
 
On a global basis, there's plenty of LNG coming online over the next few decades that will replace lots of oil. US natural gas prices were pounded again today...

Natural Gas Falls Below $3, 1st Time Since 2002, on Supply Glut
bloomberg.com

Aug. 20 (Bloomberg) -- Natural gas futures fell below $3 per million British thermal units for the first time in more than seven years after a government report showed rising supplies of the industrial and power-plant fuel.