Wednesday, May 30, 2007

Nymex Gas Jumps on Forecasts for Warmer Weather in U.S. Midwest, Northeast

(Bloomberg) -- Natural gas in New York advanced as
forecasts for above-average temperatures in the eastern third of
the U.S. are expected to spur air conditioner use and electricity
demand.

Temperatures will be at least 8 degrees Fahrenheit above
normal in parts of the Midwest and Northeast through June 3,
according to MDA Federal Inc.'s Earthsat Energy Weather.


Read more at Bloomberg Energy News

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