Natural gas prices retreated slightly Tuesday as traders pulled back from a five-session rally that analysts said was based on overly optimistic expectations for demand. Natural gas for June delivery settled down 4.1 cents, or 1.5%, at $2.78 a million British thermal units on the New York Mercantile Exchange. The losses ended a rally that had pushed up the market more than 13% since it hit a nearly three-year low on April 27. That rally pushed too far, too fast, analysts said. Demand is likely to increase in the summer, but production is still near a record high. And for the next few weeks, temperatures look very comfortable, enough to create big surpluses of natural gas because there won’t be a demand for it to heat homes or burn it for electricity to run air conditioners. “Warmer than normal temperatures in the Northeast will be bearish […]