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Natural Gas Drops for Second Day in New York on Moderating Weather Outlook
Sep. 12, 2011 06:05PM PST
Resource InvestingBloomberg reported that natural gas futures plunged for a second day forecasts of cooler-than-normal weather limiting demand for the fuel from power plants.
Bloomberg reported that natural gas futures plunged for a second day forecasts of cooler-than-normal weather limiting demand for the fuel from power plants.
The market news is quoted as saying:
The high temperature in New York on Sept. 17 may be 69 degrees Fahrenheit (21 Celsius), 6 below normal, according to AccuWeather Inc. in State College, Pennsylvania. The high in Chicago may also be 69 degrees.