Wednesday, June 3, 2009

Oil And Gas End Down On The Day

Oil and gas prices started the day slightly positive and then gave up gains. Natural Gas Futures gave up 1.4% to end at 3.693 per million BTUs. Crude oil for May lost 16 cents to finish at 49.25 a barrel on the New York Mercantile Exchange. This was despite a Goldman Sachs call that we could see a $200 per barrel oil super spike sometime late this summer or early fall.

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