UPDATE 1-Speculators cut U.S. natgas net longs for 2nd week in three -CFTC

(Adds natural gas price information)

July 22 (Reuters) - U.S. natural gas speculators cut their

net long positions for a second week in three, betting prices

will decline in the future to encourage power generators to keep

burning record amounts of gas instead of coal.

Speculators in four major NYMEX and ICE markets reduced

their bearish bets by 11,801 contracts to a one-month low of

91,547 in the week to July 19, the U.S. Commodity Futures

Trading Commission said on Friday.

The w

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