WSJ: U.S. GAS: Futures Top $3 As Continued Heat Fuels Optimism
--Futures push above $3/MMBtu after lower-than-expected inventory report
--Prices have settled at six-month highs--but below $3--two days in a row
--Central U.S. drought could cause extreme heat; cooling forecasted in Northeast
NEW YORK--Natural-gas futures edged above $3 a million British thermal units in early trading Friday, boosted by lower-than-expected inventories and forecasts for hot temperatures.
Natural-gas futures for August delivery on the New York Mercantile Exchange were recently trading up 4.7 cents, or 1.6%, at $3.046/MMBtu, after pushing as high as $3.058/MMBtu earlier ...
