Nymex Gas Falls to Six-Month Low on Mild U.S. Weather, Ample Inventories

(Bloomberg) -- Natural gas futures in New York fell
to a six-month low as a combination of mild temperatures and high
inventories served to undercut demand and push down prices.

The potential for hot weather forecast last week for the
U.S. East Coast later this week is now ``diminished'' and
temperatures in the South and Southeast will be at normal levels
for the rest of July, MDA Federal Inc.'s Earthsat Energy Weather
said in outlook today.


Read more at Bloomberg Energy News