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June gas futures sank 10.4¢ Tuesday to $2.214 per million Btu. With production hovering around 101–102 Bcf/d and space heating demand at shoulder season levels, bears are likely to remain in control until summer weather drives power demand higher and Cameron LNG — flows to which have been down by about 1 Bcf/d — returns to full capacity, Gelber & Associates analysts said.

Gas Demand, Gas Inventories, Gas Supply, Gas Prices, Gas Pipelines
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