Canadian Gas Declines as Above-Normal Temperatures Pare Demand

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Canadian natural gas fell as warmer-than-normal weather in the U.S. pares demand for imported furnace fuels.

Alberta gas for April delivery fell 1.7 percent. Heating demand across the U.S. will average 59 percent below normal through March 19, according to Weather Derivatives, a forecaster based in Belton, Missouri. New York futures dropped 2.4 percent to a 10-year low.