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Rich Asplund

Nat-Gas Prices Supported by Warm US Weather

United States Atmospheric G2 Nymex EIA Electricity BNEF Natural Gas

October Nymex natural gas (NGV25) on Wednesday closed up +0.005 (+0.18%).

Oct nat-gas prices settled slightly higher on Wednesday.  Forecasts for warmer US weather, which will boost nat-gas demand from electricity providers to run air conditioning, are supporting nat-gas prices.  Forecaster Atmospheric G2 said on Wednesday that forecasts shifted warmer across the central and northern US for September 29-October 3, and shifted warmer for most of the country for October 4-8.    

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