Naturalgas trading range for the day is 172.3-181.3.
* Natural gas dropped on forecasts for the weather to warm and heating demand to decline over the next two weeks, allowing utilities to shrink the massive storage deficit.
* The market has become much less volatile over the past couple of months, as was the case this time last year when the weather moderated for spring.
* Projected demand in the Lower 48 U.S. states would slide to an average of 77.5 bcfd next week from a forecast 81.4 bcfd.
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