Nymex Gas Falls as U.S. Has Ample Fuel Supply to Meet Hot-Weather Demand

(Bloomberg) -- Natural gas in New York fell on
expectations the U.S. will have ample supplies of the power-plant
fuel to meet increased demand during hot spells this summer

U.S. gas inventories rose 77 billion cubic feet last week,
exceeding analyst expectations. The gain left supplies 2.3
percent higher than a year earlier, at 2.84 trillion cubic feet,
heading toward a record by winter, the Energy Department reported
yesterday.


Read more at Bloomberg Energy News