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Oil and natural gas: The tango continues

Posted Oct 20th 2009 1:00PM by Joseph Lazzaro (RSS feed)
Filed under: Commodities, Oil

Something's got to give regarding the price disparity between oil and natural gas.

Natural gas, although off its lows for the year, is still cheap at about $4.85 per million Btus (MMBtu), largely due to record stock piles, as a result of the U.S. recession and probable increased reserves in the years ahead, stemming from shale gas.

Continue reading Oil and natural gas: The tango continues

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