Saturday, December 13, 2003

Fingers Pointing as Natural Gas Prices Surge 50%


Natural gas prices have surged nearly 50 percent since Thanksgiving despite an apparent lack of events that normally create such spikes, like tight supplies or forecasts of unusually cold weather.

The frenzied climb in prices has led to calls for investigations by politicians and executives of gas-dependent industries into whether traders have improperly manipulated natural gas markets.

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