Canadian Natural Gas Falls on Mild Weather, Ample U.S. Supplies
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Canadian natural gas fell amid mild weather and abundant U.S. stockpiles of the fuel that have been boosted by higher output.
Alberta gas dropped 0.5 percent as Weather Derivatives of Belton, Missouri, said heating demand across the U.S. will be 23 percent below normal through Dec. 27. Explorers reduced gas drilling rigs to 818 last week from 934 on Oct. 28 to help ease a glut of supplies, according to Baker Hughes Inc.