Tag Archives: Inventory

U.S. natural gas futures are down by over 5% and retreated beneath the $3 level on Thursday after the U.S. Energy Information Administration announced that working gas in storage rose by 90 billion cubic feet (Bcf) to 3,433 Bcf as of September 12. Analysts were expecting an average increase of 78 Bcf, with the data signaling lower-than-expected demand for natural …

Homebuilders cut prices, bring on supply; profits plunge back to earth. Medicine this overpriced housing market needs.  By Wolf Richter for WOLF STREET. New single-family homes for sale at all stages of construction spiked to 511,000 homes in June, the highest since October 2007, when inventory was falling during the Housing Bust as homebuilders, struggling to stay alive, were cutting back construction. Prices …