Natural Gas Futures May Decline on Mild Weather

- May 20th, 2011

Bloomberg reports that natural gas futures may plunged limiting demand for the fuel from power plant.

Bloomberg reports that natural gas futures may plunged limiting demand for the fuel from power plant.

The market news is quoted as saying:

Eight of 18 analysts, or 44 percent, forecast that gas futures will fall on the New York Mercantile Exchange through May 27. Six, or 33 percent, said futures will rise and four predicted that prices will stay the same. Last week, 42 percent of participants said gas prices would advance.

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