Thursday, 05 July 2007

Nymex Gas Falls as Mild Weather Limits Demand for Ample Supply in the U.S.

(Bloomberg) -- Natural gas in New York fell,
extending a decline, as storage levels approach last year's
record and mild weather across much of the U.S. trims summer
cooling demand.

Gas for August delivery plunged 13.6 cents, or 2 percent, to
$6.615 per million British thermal units in 12:02 p.m. trading on
the New York Mercantile Exchange.


Read more at Bloomberg Energy News

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