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Rich Asplund

Nat-Gas Prices Little Changed on Forecasts for Seasonal U.S. Temps

Gas Prices United States Nymex Natural Gas BNEF Electricity

October Nymex natural gas (NGV23) on Friday closed -0.003 (-0.11%).

Nat-gas prices Friday gave up an early advance and closed slightly lower after updated weather forecasts called for seasonal temperatures to return to the central and eastern U.S. by the end of next week.  Nat gas prices Friday initially moved higher on forecasts for excessive heat for the central and eastern U.S., which would reduce nat-gas demand from electricity providers to power air conditioning.  Forecaster Maxar Technologies said well above-normal temperatures are seen in the central and eastern U.S. from Sep 4-8.  

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