Friday, December 5, 2008

U.S. Natural Gas Inventories Down 64 BCF

By Moming Zhou
Last update: 10:44 a.m. EST Dec. 4, 2008
NEW YORK (MarketWatch) -- U.S. natural gas inventories fell 64 billion cubic feet in the week ended Nov. 28 to 3,358, the Energy Information Administration reported Thursday. Stocks were 107 bcf less than last year at this time and 69 bcf above the five-year average, the EIA said. January natural gas futures fell 3.3% after the report to trade at $6.138 per million British thermal units.

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