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Thursday, June 15, 2006

Natural Gas Is Starting To Heat Up

Natural gas is starting to heat up: July Natural Gas futures rose nearly 7% yesterday, as weather forecasts are calling for above normal temperatures in the last half of June. Bearish fundamentals have caused an nearly $5 drop in Natural Gas prices since the start of the year keeping bearish traders in firm control of the market. However, Tropical Storm Alberto put a scare in the market, with traders fearing an early start to the Atlantic hurricane season. Read More....