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A 7 percent jump for natural gas futures occurs during energy trading on Dec. 17 as the Energy Information Administration reports a drop for U. S. natural gas supplies. During Dec. 17 morning trading, natural gas for January delivery was up 40 cents, or 7.3%, at $5.86 per million British thermal units. Cold weather in recent days over the northern part of the U. S. is partially responsible for this drop in natural gas supplies.

NYMEX HENRY HUB NATURAL GAS FUTURES: $4.63 Last Trade UP +0.238 (+5.42%) on November 16, 2009 in energy closing markets.

Consumer spending is beginning to improve. Retail sales during Oct. 2009 were pegged higher.

Went by the Clerk of Court's office today (Nov. 16, 2009) for Natchitoches Parish, LA and oil leasing in the northwest part of the parish is showing an uptick. Their office has been busy as of late with oil & gas lease people.

NATURAL GAS: Natural gas rose 16 cents to $3.454 per 1,000 cubic feet on Sept. 15, 2009 during morning energy trading. During Sept. 4, 2009, natural gas prices fell to $2.409 being a seven-year low, on the eve of the heating season.

CRUDE OIL: Benchmark crude for October delivery was up 69 cents at $69.55 a barrel in electronic morning trading on the New York Mercantile Exchange on Sept. 15, 2009.

Economy News:
Worst Recession Since 1930s Is "very likely over"… Continue

Natural Gas Prices At Lowest Levels In Seven Years:

Natural gas tumbled 4.5 cents to $2.865 per 1,000 cubic feet during Thursday, Aug. 27th. The price of natural gas dropped as low as $2.692 per 1,000 cubic feet earlier on Aug. 27, a price not seen since Aug. 7, 2002. Also, during Aug. 27, benchmark crude for October delivery added $1.06 to settle at $72.49 a barrel on the New York Mercantile Exchange.

UPDATE:
During morning trading on Sept. 3, natural… Continue