Thursday, July 26, 2007

Nymex Gas Rises on Expectations of Possible Disruptions From Hurricanes

(Bloomberg) -- Natural gas in New York advanced as
traders ignored burgeoning inventories, focusing instead on
arrival of the most intense two months of the hurricane season.

``The bulls last rallying cry is hurricanes, we're in the
peak of the season, so it's `we'll wait for a hurricane,''' said
Kyle Cooper, director of research at IAF Advisors in Houston.


Read more at Bloomberg Energy News

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