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Canada Natural Gas Declines as Mild Weather Forecast for Midwest
Nov. 08, 2011 05:53PM PST
Oil and Gas InvestingBloomberg reported that Canadian natural gas dropped due to forecasts of higher than normal temperatures in the U.S. Midwest.
Bloomberg reported that Canadian natural gas dropped due to forecasts of higher than normal temperatures in the U.S. Midwest.
As quoted in the market news:
Alberta gas dropped 0.6 percent as forecasters including AccuWeather Inc. predicted temperatures in the north-central U.S. will be above normal through Nov. 16. Chicago’s high may reach 62 degrees Fahrenheit (17 Celsius) Nov. 14, 12 above normal, said the State College, Pennsylvania-based company