lower, not higher. today is bullshit. tomorrow smacks the bull in the face. reality check!
Natural gas prices traded 2% lower on the week
Natural gas prices closed at $4.65 per MMBtu for the week ended April 25, 2014—2% lower than the $4.74 per MMBtu close the prior week. One of the major factors for the decline in natural gas prices during the week was a bearish report from the U.S. Energy Information Administration that showed that natural gas stocks increased larger than anticipated, possibly signaling weaker-than-anticipated demand for the fuel. Natural gas prices have fallen from highs of over $6 per MMBtu earlier this year. Demand had spiked this winter due to colder-than-normal winter weather, but the onset of milder spring temperatures has caused demand and prices to fall back to around $4.50 per MMBtu.