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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 [...]

  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 [...]

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