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Rich Asplund

Cooler US Summer Temps Undercut Nat-Gas Prices

United States Nymex Vaisala Electricity BNEF Natural Gas

September Nymex natural gas (NGU25) on Friday closed down -0.077 (-2.51%).

Sep nat-gas prices settled lower Friday due to expectations for cooler summer weather that would reduce demand from electricity providers to run air conditioning. Forecaster Vaisala said Friday that forecasts shifted cooler along the West and East coasts for August 13-17.

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