Natural gas prices rise to highest level since 2008

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U.S. natural gas hit its highest price level in more than 13 years and is trading up again Wednesday, adding to energy cost woes.

Nymex futures closed at $7.95 per mmBtu on Tuesday and are trading in the $8 per mmBtu range again Wednesday morning. The last time prices were at this level was in the fall of 2008.

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