Thursday, July 5, 2007

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

(Bloomberg) -- Natural gas in New York fell 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 4.4 cents, or 0.7 percent,
to $6.71 per million British thermal units in 9:44 a.m. trading
on the New York Mercantile Exchange.


Read more at Bloomberg Energy News

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