–April contract falls 0.9% to $4.6180/mmBtu –Intermission from frigid temperatures cited, but cold expected to return –Prices still well below highs set last month Natural-gas futures edged lower Friday as warmer temperatures entered the picture in the Midwest and Northeast, putting a break on a season of unrelenting cold that has driven gas-fired heating demand. Gas futures for April delivery fell 4.4 cents, or 0.9%, to $4.6180 a million British thermal units on the New York Mercantile Exchange. Prices soared during the severe cold winter but are now off nearly 25% from the multiyear highs set last month as the end of winter approaches and demand for gas heating eases. “We have to keep in mind that what drove the rally was severe cold and record demand,” said Gene McGillian, an analyst and broker at Tradition Energy. “The markets are readjusting from an oversupplied market to one where supplies […]