Canada Natural Gas Rises on Increased U.S. Air Conditioner Use

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Canadian natural-gas prices rose as hot weather in the U.S. South boosts air-conditioner use and demand for power-plant fuels.

Cooling needs across the U.S. will be 70 percent above normal tomorrow and top out at 77 percent higher April 24, according to Belton, Missouri-based Weather Derivatives. Temperatures in Houston may touch 90 degrees Fahrenheit (32 Celsius) today, about 10 degrees hotter than normal, said AccuWeather Inc. in State College, Pennsylvania.