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Thursday, January 12, 2006

Natural Gas falls to 5 month lows!

It's January 12th, and the temperature here in Chicago is 50 degrees. What is wrong with this picture? That is what traders in Natural Gas futures are saying, as they continue to sell-off the market. With these unseasonably warm winter temperatures in the Midwest and Northeast, it was no real surprise that the EIA announced that only 20 bcf of Natural Gas was taken out of storage last week. Read More....