Tuesday, 17 May 2011
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Natural Gas Daily Fundamental Analysis for May 18, 2011
Natural gas prices dropped on Tuesday as weather forecasts signaled temperatures will be below the average for this time of the year in several parts of the United States including the South and East, which raised speculations of lower demand on power plant fuel, and accordingly, natural gas prices dropped.
Natural gas prices should continue to fall on Wednesday, as speculations of moderate weather conditions should continue to push natural gas prices lower.
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