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    market news

    Gas Futures Head for Three-Week Low

    Investing News Network
    Mar. 06, 2013 12:25PM PST
    Oil and Gas Investing

    Bloomberg reported that gas futures careened towards their biggest fall in three weeks as weather forecasts call for milder weather.

    As quoted in the market report:

    Bloomberg reported that gas futures careened towards their biggest fall in three weeks as weather forecasts call for milder weather.

    As quoted in the market report:

    Gas slid as much as 1.8 percent after Andover, Massachusetts-based WSI Corp. predicted mostly average temperatures in the lower-48 states from March 11 through March 15. The low in New York on March 12 may be 36 degrees Fahrenheit (2 Celsius), 2 above normal, according to AccuWeather Inc. The city may see 4 inches of snow this week, the National Weather Service said.

    To view the whole Bloomberg report, click here. 

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