Sunday, May 27, 2007

New York Natural Gas Is Little Changed as Mild Weather Diminishes Demand

(Bloomberg) -- Natural gas in New York fell for a
sixth day on rising stocks of the power-plant fuel and slack
demand because of mild weather and a U.S. holiday.

``While warmer temperatures are moving toward the East Coast
into the weekend, most of the U.S. is seeing some spring-like
conditions, keeping cooling demand loads light,'' said Michael
Fitzpatrick, vice president for energy risk management at Man
Financial Inc. in New York.


Read more at Bloomberg Energy News

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