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Rich Asplund

INSANE: Forecasts for warm us temps boost nat gas prices | Rare Historical Photos

United States Nymex Electricity BNEF Natural Gas

October Nymex natural gas (NGV24) on Monday closed up by +0.068 (+2.95%).

Oct nat-gas prices Monday recovered from early losses and settled moderately higher.  Nat-gas prices rallied on forecasts for warm US temperatures that will boost nat-gas demand from electricity providers to run air conditioning.  NatGasWeather.com said Monday that warmer-than-normal temperatures are expected across most of the US from September 22-29.

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