Natural gas prices rebound from 10-year low - KSWO, Lawton, OK- Wichita Falls, TX: News, Weather, Sports. ABC, 24/7, Telemundo -
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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.
Congressmen Mac Thornberry believes the latest effort from Republicans against Obamacare may be enough to repeal the controversial law.
Congressmen Mac Thornberry believes the latest effort from Republicans against Obamacare may be enough to repeal the controversial law.
Today the equal justice center hosted a free DACA renewal clinic to ensure local residents are able to meet the deadline for final renewal.
Today the equal justice center hosted a free DACA renewal clinic to ensure local residents are able to meet the deadline for final renewal.
An underpass in Parmer County is closed until further notice after a truck became stuck.
An underpass in Parmer County is closed until further notice after a truck became stuck.
Dimmitt Head Football Coach Steve Gunter is resting at Covenant ICU after suffering a possible stroke.
Dimmitt Head Football Coach Steve Gunter is resting at Covenant ICU after suffering a possible stroke.
Shamrock Volunteer Firefighter James Moya, who was injured fighting in the wildfires in March, was honored for his heroism and tenacity while fighting the wildfires.
Shamrock Volunteer Firefighter James Moya, who was injured fighting in the wildfires in March, was honored for his heroism and tenacity while fighting the wildfires.
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