Prices decline as traders cash in profits after seven days of gains –January futures down 0.96% at $3.916/mmBtu –Forecasts call for colder-than-normal temperatures this week By Nicole Friedman NEW YORK–Natural-gas futures slipped after seven-straight days of gains, as traders who had bet on higher prices cashed in their profits. Natural gas for January delivery fell 3.8 cents, or 0.96%, to $3.916 a million British thermal units on the New York Mercantile Exchange. Price settled at $3.954/mmBtu Friday, their highest price since March, capping off a 10.4% gain for the month of November. Forecasts for cooler-than-normal temperatures have boosted expectations that demand for natural-gas-powered heating in homes and offices would rise. About half of all U.S. households use natural gas as their primary heating source, according to the Energy Information Administration. The central and western U.S. is expected to see especially cold temperatures, driven by Arctic air masses, in […]