US GAS: Futures Continue Slide As Mild Temperatures In Focus
Submitted by Kate on February 22, 2012 - 12:19pm
The Wall Street Journal
Natural gas futures continued to sell off Wednesday, as forecasts for warm weather through the next month continued to dent the outlook for gas-fired heating demand. "Natural gas is drifting lower once again, as weak fundamentals usher it lower, with a warmer eastern half of the U.S. into the first part of March also aiding bearishness," said Matt Smith, energy analyst with Summit Energy, in a research report.

