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Natural Gas Futures Slide Despite Heat as SoCal Citygate Spot Prices Soar

Natural gas futures slid Thursday as production concerns and some anticipated cooling in the Northeast sent prices lower, despite a generally bullish forecast for the next two weeks. In the spot market, projected triple-digit heat sent SoCal Citygate prices spiking, while East Coast points fell on cooler temperatures ahead; the NGI National Spot Gas Average added 2 cents to $2.72/MMBtu. Read More