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Last updated on February 11, 2012 at 15:54 EST

Crude Oil Rises and Natural Gas Surges

April 13, 2006

Energy prices rallied Thursday on the New York Mercantile Exchange, with natural gas leading the charge.

Natural gas was up 32 cents to $7.13 per million Btu, a nearly 5-percent gain, while high-quality crude for May delivery rose 70 cents to settle at $69.32 per barrel, a 1-percent increase.

Heating oil was up slightly to close at $1.985 per gallon, and gasoline rose fractionally to end the session at $2.105 per gallon.