NATURAL GAS:
The oversupply is also causing problems. "The producing region is at a record storage level," said McGillian. He said if more gas is forced into the spot market, the price will drop even more. Natural gas futures ended the session nearly 10 percent lower as supplies continue to rise. There will be a stronger cold blast into the northern US later next week, but heating demand will be mainly LOW until then.
"Squawk Box." "It takes about two years for the mar.
The oversupply is also causing problems. "The producing region is at a record storage level," said McGillian. He said if more gas is forced into the spot market, the price will drop even more. Natural gas futures ended the session nearly 10 percent lower as supplies continue to rise. There will be a stronger cold blast into the northern US later next week, but heating demand will be mainly LOW until then.
"Squawk Box." "It takes about two years for the mar.
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