December 11, 2012

Warm Winter Forecast Chills NatGas Producers

Zain Shauk, Fuel Fix


AP Photo

There never may have been a more prominent cheerleader for winter gloom than the natural gas industry of 2012.

Nothing would make it happier, it seems, than dark clouds and an Arctic chill to keep Americans indoors.

That’s because a warm winter for a second straight year could be catastrophic, cutting demand for natural gas-consuming heat and electricity and presenting serious challenges for some energy companies.

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TAGGED: Natural Gas, Weather

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