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Natural Gas Drops Most in Five Weeks on December Forecast

Natural gas tumbled the most in five weeks as revised forecasts showing an unusually warm start to December signaled reduced demand for heating fuels.

Futures fell 4.4 percent, closing with the biggest one-day decline since Oct. 22, as companies including Commodity Weather Group LLC predicted above-normal temperatures for the lower 48 states in the next six to 10 days. Gas rose to a 13-month high last week on forecasts showing colder weather in early December and a government report of a bigger-than-expected supply drop.