Large Price Gap Between Oil and Natural Gas Persists

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Saturday, February 20, 2010

Large Price Gap Between Oil and Natural Gas Persists

Filed under: Commodities, Oil

Something's got to give regarding oil and natural gas prices: the gap between the two is too large -- oil is currently 15.7 times the price of natural gas, when the historical average is about 8.4 over the past decade.

Oil traded Friday afternoon up 62 cents to $79.68 per barrel, while natural gas is down 11 cents to $5.06 per million BTUs (MMBtu).

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Large Price Gap Between Oil and Natural Gas Persists originally appeared on BloggingStocks on Fri, 19 Feb 2010 17:00:00 EST. Please see our terms for use of feeds.

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