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Rich Asplund

Forecasts for Seasonal US Temps Weigh on Nat-Gas Prices

United States NatGasWeather Nymex Electricity BNEF EIA Natural Gas

October Nymex natural gas (NGV24) on Wednesday closed down by -0.040 (-1.72%).

Oct nat-gas prices Wednesday posted moderate losses.  Forecasts for seasonal US temperatures that will curb nat-gas demand from electricity providers to run air conditioning are weighing on prices.  NatGasWeather said Wednesday that seasonal temperatures are expected across the northern two-thirds of the US from September 25-October 2.  

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