Natural Gas

Gas prices rose on Wednesday to a record $2.60 per million British thermal units, the highest price in four years.A drop of more than a cent is also expected.“It’s a really interesting time for Canada’s natural gas producers,” said John Lippman, executive director of the…

By David Boulton/BloombergBusinessweekThe natural gas industry is a very small one—just over 4.3 billion cubic feet (Mcf) of gas equivalent.It accounts for just under a quarter of the US economy, and that’s because it’s still relatively young, and gas prices are extremely volatile.So while the…