|
The price of natural gas fell below $2 for the first time in more than a decade in April after a production boom boosted inventories. At the same time, a mild winter kept demand in check. The cheaper prices prompted many utilities to switch to natural gas from coal to fuel their generators. At the pump, the national average for gasoline rose by a penny overnight to $3.447 per gallon, according to AAA, Wright Express and the Oil Price Information Service. That's 5.9 cents more than a week ago but still 23.7 cents less than a year ago. In other trading, heating oil fell by 2.27 cents to finish at $2.9243 per gallon and wholesale gasoline prices added less than a penny to end the week at $2.943 per gallon.
[Associated
Press;
Copyright 2012 The Associated
Press. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries
Community |
Perspectives
|
Law & Courts |
Leisure Time
|
Spiritual Life |
Health & Fitness |
Teen Scene
Calendar
|
Letters to the Editor