(Bloomberg) -- Natural gas fell in New York to its
lowest closing price since December as a combination of mild
temperatures and high inventories served to undercut demand and
push down prices.
The potential for hot weather forecast last week for the
high-demand areas of the U.S. East Coast later this week is now
``diminished,'' and temperatures will be lower than normal, MDA
Federal Inc.'s Earthsat Energy Weather of Rockville, Maryland,
said today.
Read more at Bloomberg Energy News
lowest closing price since December as a combination of mild
temperatures and high inventories served to undercut demand and
push down prices.
The potential for hot weather forecast last week for the
high-demand areas of the U.S. East Coast later this week is now
``diminished,'' and temperatures will be lower than normal, MDA
Federal Inc.'s Earthsat Energy Weather of Rockville, Maryland,
said today.
Read more at Bloomberg Energy News
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