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Page added on March 4, 2005

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Canadian Gas May Rise as Cold Stokes Furnace Use in U.S. East

Canadian natural-gas prices may rise for a second day as cold weather continues to grip the U.S. Northeast and Midwest, the two biggest consuming regions for Canada’s gas exports.

Temperatures in the Northeast will be as much as 8 degrees Fahrenheit (5 Celsius) below normal through March 6 and remain colder than normal through March 16, according to Rockville, Maryland-based Earth Satellite Corp.

Bloomberg



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