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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Supported by Hot US Weather

United States Texas Nymex The Electric Reliability Council of Texas BNEF EIA Natural Gas West Texas

September Nymex natural gas (NGU26) on Monday closed up +0.009 (+0.32%).

Nat-gas prices settled higher on Monday amid forecasts for record-high temperatures in West Texas this week to support nat-gas demand. The largest Texas electric grid, the Electric Reliability Council of Texas, forecast that peak power demand this week could exceed the all-time record set in July.

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