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May 24th, 2012

Near Term Natural Gas Prices Are Up Sharply. Why?

by Andrew Price, President & COO

Near term natural gas prices have jumped up over 40% in the past few weeks. The June 2012 NYMEX natural gas contract bottomed out at $1.90 per MMBtu in mid-April and is now trading close to $2.80 per MMBtu. What has changed?

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