(Bloomberg) -- Natural gas in New York advanced as
buyers took advantage of lower prices before the possible arrival
of tropical storms that would cause the power-plant fuel to rise.
Since hitting a 2007 high of $8.191 on June 4, the near-
month contract has fallen 27 percent on slack demand for
electricity from gas-fired plants as mild weather limited air-
conditioning use.
Read more at Bloomberg Energy News
buyers took advantage of lower prices before the possible arrival
of tropical storms that would cause the power-plant fuel to rise.
Since hitting a 2007 high of $8.191 on June 4, the near-
month contract has fallen 27 percent on slack demand for
electricity from gas-fired plants as mild weather limited air-
conditioning use.
Read more at Bloomberg Energy News
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