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Archive for Wednesday, December 28, 2005

Energy futures drop

December 28, 2005

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Natural gas futures plunged 10 percent Tuesday, settling at their lowest level in nearly four months amid forecasts calling for mild U.S. weather during the next week. It was the third straight decline for natural gas prices, which have fallen 23 percent since Wednesday, and the sell-off triggered a decline in other energy futures.

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