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August 21st, 2012

Market Summary Released for August 21, 2012

by Michelle Tham, Director of Analytics

Hurricane Ernesto affected crude imports from Mexico, while instability surrounding Iran continued to have a bullish effect. Positive news from the Commerce Department also helped bolster prices. Natural gas prices saw the opposite trend, falling four out of five days last week on forecasts for lower-than-average cooling demand in the coming weeks.

For the entire CES Market Summary, please see: http://competitive-energy.com/market-summary/CESMarketSummary_082012.pdf

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