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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Under Pressure from Forecasts for Cooler U.S. Temps

September Nymex natural gas (NGU23) on Tuesday closed -0.074 (-2.81%).

Nat-gas prices Tuesday fell to a 2-week low and settled moderately lower.  Gas prices came under pressure Tuesday after forecaster Maxar Technologies said rain would sweep into the Midwest and East Coast between August 6-10, cooling off the regions and reducing nat-gas demand from electricity providers to power air conditioning.  

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