U.S. Natural Gas Prices Hit A 13-Year High On Inventory Concerns

Natural gas prices in the U.S. continue to rally Wednesday, with futures soaring past $8 for gains of over 5% this morning, as inventory concerns mount ahead of a summer that promises high demand.  In the U.S., natural gas prices hit $3.347, for a 5.29% rally as of 9:36 a.m. EST.  In the previous session, U.

S. natural gas hit a 14-year high, jumping more than 9%, before pulling back to close at just under $8.  On Tuesday, the American Petroleum Institute (API) reported a draw in gasoline inventories of 4.50 million barrels for the…