Energy Environmental Blog

Energy Price Disconnect

Written by Greg Russell | Aug 22, 2009 3:59:06 PM

Natural gas prices are in decline while oil prices are rising.  Gas prices hit a seven-year low due to declining demand and abundant supplies, according to this NYT article.  At the same time, the WSJ is reporting that crude oil prices have hit a high for the year at $73.89 a barrel (subscription required).