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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Fall on the Outlook for Above-Average US Temps

United States Nymex EIA BNEF Natural Gas

February Nymex natural gas (NGG26) on Thursday closed down -0.118 (-3.35%),

Feb nat-gas prices tumbled on Thursday amid the outlook for far warmer-than-normal US temperatures, which is expected to curb heating demand for nat-gas.  Forecaster WSI said Thursday that near-term forecasts show broad swaths of above-normal temperatures across the western and central US over the next week.

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