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Natural gas resumes 3-month surge on hot weather

  Natural gas has been on a tear since hitting a 10-year low this spring.   The futures contract in New York has surged 67 percent since April thanks to rising demand for natural gas from power plants and a sharp drop in drilling activity. Prices rose as high as $3.192 per 1,000 cubic feet… Continue Reading Natural gas resumes 3-month surge on hot weather

  Falling natural gas prices are taking a toll on La Plata County’s budget.   The county was told Tuesday it could lose more than $920,000 in property-tax revenue because of a 25 percent drop in natural gas prices last year.   The assessed value of oil and gas development in the county changes annually… Continue Reading La Plata County losing taxes from natural gas

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