Natural Gas Advances as Warm Weather Spurs Fuel Demand
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Natural gas futures climbed to a two-week high in New York on speculation that seasonal August weather will stoke demand for the power-plant fuel.
Temperatures will be normal across the East Coast and South over the next 15 days as heat builds in the western states, said Commodity Weather Group LLC. Gas prices have dropped 20 percent from the high on June 16 as cool weather helped stockpiles rebound at a record pace from an 11-year low in March.