Natural gas prices rebound from 10-year low - KSWO 7News | Breaking News, Weather and Sports
Member Center:
NEW YORK (AP) — Natural gas prices are rebounding from 10-year lows after the government said U.S. supplies didn't grow as expected last week.
The futures price added 1.2 cents to $1.996 per 1,000 cubic feet in New York on Thursday. It's a turnaround from Wednesday, when fears of surging supplies pushed natural gas futures to $1.9840, the lowest price since Jan. 28, 2002.
Prices climbed after the government reported that last week's growth in supplies was less than analysts expected. U.S. supplies are still about 59 percent higher than the five-year average, however.
Oil prices also rose with a rally on Wall Street. Benchmark crude gained $1.11 at $103.81 a barrel.
Retail gasoline prices continued to fall, losing nearly 3 cents in the past week, to a national average of $3.91 per gallon.
Weather outlook for Monday, April 23
Weather outlook for Monday, April 23
With the start of the new work week comes new lane closures that could make travel difficult for Amarillo residents.
With the start of the new work week comes new lane closures that could make travel difficult for Amarillo residents.
Phillips 66 is helping provide alternate fuel sources to Lubbock and Amarillo after a maintenance issue at their Borger refinery.
Phillips 66 is helping provide alternate fuel sources to Lubbock and Amarillo after a maintenance issue at their Borger refinery.
Amarillo Animal Management and Welfare is warning residents about a rescue that claims to be working with them.
Amarillo Animal Management and Welfare is warning residents about a rescue that claims to be working with them.
It seems all we’ve talked about lately are the widespread fires and extreme drought.
It seems all we’ve talked about lately are the widespread fires and extreme drought.
 |  1401 SE 60th Street
Lawton, OK 73501 (580) 355-7000
All content © Copyright 2000 - 2018 Raycom Media. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.
|
