South Parse: October 15

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Wed, Oct 15, 2008

Natural Resource Market News
Post by Melissa Pistilli, Resource Reporter

Gas Investing News reports natural gas futures is within a range of $7.25-$7.50 which is good news for investors since winter is approaching.

Structural factors suggest that natural gas will become dearer in winter, especially if the current low prices have a significant effect on high-cost or marginal production. This seems to be the rationale for the rise in the week’s trading to date.

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