Natural gas pushes past $3.60, boosted by a smaller-than-expected rise in inventory even as...

|By:, SA News Editor

Natural gas pushes past $3.60, boosted by a smaller-than-expected rise in inventory even as stockpiles hit a record for this time of the year. Morgan Stanley thinks prices could touch $5 by Q1 2013: “Demand remains elevated, and supply should be slow to respond [due to] logistical challenges, more attractive oil economics, and higher breakeven costs outside the Marcellus.”