Canada Natural Gas Falls On Storage, Lower U.S. Temperatures

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Bloomberg

Canadian natural gas fell from the highest price in more than a month as storage increases and cool weather in the U.S. Midwest and Northeast signaled reduced demand from power plants for fuel to run air conditioners. The market “is being swayed more from the supply side; you have a whole lot of gas in storage up there,” Eric Bickel, an analyst at Summit Energy Services in Louisville, Kentucky, said in a telephone interview.

Read the article on Bloomberg.com

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