Friday, June 22, 2007

Nymex Natural Gas Declines as Buyers See Ample Supply, Price Moving Lower

(Bloomberg) -- Natural gas in New York fell for a
fifth straight day as mild weather and adequate storage eased
concern over potential supply shortfalls later this year.

``People are finally saying: `We do have plenty of supply
around','' said Stephen Briggs, managing partner at Intermarket
Management LLC in Verona, New Jersey. ``We're headed lower, it's
supply and demand, there's plenty of the stuff around.''


Read more at Bloomberg Energy News

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