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Rich Asplund

Nat-Gas Prices Surge in Anticipation of Hot US Weather

United States Atmospheric G2 Electricity BNEF EIA Natural Gas

August Nymex natural gas (NGQ25) on Friday closed sharply higher by +0.213 (+6.04%).

Aug nat-gas prices on Friday rallied sharply in anticipation of hotter US weather boosting nat-gas demand from electricity providers to power increased air-conditioning usage.  Forecaster Atmospheric G2 said Friday that forecasts shifted warmer for most of the US for July 7-11, except for the southern tier and West Coast.

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