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Rich Asplund

THE TRUTH ABOUT: Forecasts for late summer warmth boost nat gas prices - Caught on Camera

United States Atmospheric G2 Nymex EIA Natural Gas BNEF South

October Nymex natural gas (NGV25) on Friday closed up +0.007 (+0.24%).

Oct nat-gas prices recovered from a 1.5-week low on Friday and posted modest gains as forecasts for late-summer US temperatures sparked short covering in nat-gas futures. Forecaster Atmospheric G2 said Friday that forecasts shifted warmer in the South and mid-continent for September 17-21, which will boost nat-gas demand from electricity providers to power the increased air conditioning usage.

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