Monday, June 11, 2007

Nymex Natural Gas Declines as Ample Storage Eases Weather-Related Worries

(Bloomberg) -- Natural gas in New York fell as mild
weather limited demand, allowing storage levels to rise and
easing concern over possible shortages later this year.

``The reality is that storage is high and gas isn't
threatened,'' said Charlie Sanchez, vice present of energy
markets at Gelber & Associates in Houston.


Read more at Bloomberg Energy News

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