Friday, May 18, 2007

Nymex Natural Gas Declines as Ample Supplies Ease Warm Weather Concerns

(Bloomberg) -- Natural gas in New York fell, erasing
earlier gains, as ample supplies offset concerns over potential
supply disruptions and a forecast for hot summer weather

Inventory levels are sufficient to meet demand, which will
push prices lower, said David Pursell, research analyst with
Pickering Energy Partners Inc. in Houston.


Read more at Bloomberg Energy News

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