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Rich Asplund

Nat-Gas Prices Close Moderately Low on Abundant U.S. Supplies

United States Nymex BNEF Natural Gas

May Nymex natural gas (NGK23) on Friday closed down -0.016 (-0.71%).

May nat-gas prices Friday settled moderately lower.  Abundant U.S. nat-gas supplies are undercutting prices as total U.S. nat-gas stockpiles as of Apr 14 were 1.930 tcf, or +20.5%, above the 5-year average for this time of year.

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