Tuesday, June 12, 2007

Nymex Natural Gas Rises on Forecasts for Warmer Weather in U.S. Midwest

(Bloomberg) -- Natural gas in New York rose for the
first time in three trading sessions as warmer weather,
especially in the Midwest, may spark increased electricity demand
from natural-gas-fired generators to run air conditioners.

Temperatures in Chicago, the third-most populous city in the
country, are forecast to advance from today's high of 84 degrees
to 89 by June 15, according to AccuWeather.com. The typical high
for this time of year is 81 degrees, the forecaster said.


Read more at Bloomberg Energy News

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