Monday, December 9, 2013

Natural Gas Price Continues To Melt Up -- But, Then, Of Course, This Is Winter

Yahoo!Finance is reporting:
The price of oil remained close to $98 a barrel Monday after figures showing stronger U.S. hiring suggested demand for crude could increase.
By early afternoon in Europe, benchmark U.S. crude for January delivery was down 2 cents at $97.63 a barrel time in electronic trading on the New York Mercantile Exchange. 
In other energy futures trading on Nymex:
— Wholesale gasoline rose was nearly flat at $2.727 a gallon.
— Heating oil lost 0.16 cent to $3.0549 a gallon.
— Natural gas gained 7 cents to $4.184 per 1,000 cubic feet
Freezing weather, spurred by global warming according to the warmists (posted yesterday; I can't make this stuff up), is obviously spurring higher natural gas prices. 

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