 AP Photo There’s an unprecedented price gap in the energy patch. Oil has traded above $100 a barrel since February, while natural gas prices have dropped below $2 per million British thermal units—from $4.85 in June of last year. A divergence like this “has never happened before. . ." TAGGED: economy, global natural gas market, global oil market, natural gas prices, natural gas, gas prices, oil prices, oil, BusinessWeekRECOMMENDED ARTICLES| So much natural gas is being produced that soon there may be nowhere left to put the country's swelling surplus. After years of explosive growth, natural gas producers are retrenching. The underground salt caverns, depleted oil... more ›› |
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