South Parse: September 2

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Wed, Sep 3, 2008

Natural Resource Market News
Post by Melissa Pistilli, Resource Reporter

Gas Investing News reports with the national focus on the Hurricane Gustav, natural gas futures have been fluctuating.

As of Tuesday morning, they were hovering in the mid US$7 range. Thankfully, ‘Gustav’ weakened significantly and did not appear to cause much damage to oil and gas operations, or the Gulf Coast population centers. It appears that the offshore rigs and the onshore refineries weathered the storm successfully.

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