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The possibility of a warmer than expected summer, along with a spike in crude oil prices and a freak heat wave in Texas that led to a surge in demand for natural gas all helped boost natural gas futures prices to well above $8 this week. Prices look to stay there in the near term, despite the record inventories.
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The perception was it was a college movie, but it really wasn't, ... It was a completely professional venture where we formed a limited partnership and gave out shares. It was all above board. And we're so glad it was, because 25 years later we can still keep track of it. No one's suing anyone because we all know what happened.