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-----Original Message-----
From: MeLinda MeLisa <[email protected]>
Sender: [email protected]
Date: Mon, 27 Sep 2010 23:48:29 
To: <[email protected]>
Reply-To: [email protected]
Subject: [StockForex] Breaking News: Natural gas futures fell 3,5% for a second 
day in New
 York trading

Breaking News: Natural gas futures fell 3,5% for a second day in New
York trading

September 27, 2010

Natural gas futures fell for a second day in New York on easing
concern that storms will disrupt energy pipelines and platforms in the
Gulf of Mexico before the end of the Atlantic hurricane season.

Tropical Storm Matthew dissipated over the weekend after reaching
Central America. An area of disorganized thunderstorms in the
northwestern Caribbean Sea has a 30 percent chance of development over
the next 48 hours, according to the National Hurricane Center. Gas has
dropped 32 percent this year on a stockpile surplus and tepid demand
from industrial users.

“This market has had weak fundamentals for a long time,” said Gene
McGillian, an analyst with Tradition Energy in Stamford, Connecticut.
“Without a storm threat on the horizon or some kind of seasonal
demand, the market is going to be under pressure.”

Natural gas for October delivery fell 9.8 cents, or 2.5 percent, to
$3.783 per million British thermal units at 9:50 a.m. on the New York
Mercantile Exchange.


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