Wednesday, July 4, 2007

Canadian Spot Natural-Gas Price Declines on Moderate Weather, U.S. Holiday

(Bloomberg) -- Natural gas at Canada's largest
trading point fell as moderate weather was forecast for the
country's largest cities and a U.S. holiday lessened demand.

The weather in Toronto is predicted to stay within a normal
range at least until July 6, according to a forecast from
government agency Environment Canada. Temperatures in Montreal,
the country's second-biggest city after Toronto, may reach
24 degrees Celsius (75 degrees Fahrenheit) tomorrow, about
7.7 percent below its range.


Read more at Bloomberg Energy News

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