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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Weighed Down by a Mixed Weather Outlook

United States NatGasWeather Nymex BNEF EIA Electricity Natural Gas

Sep Nymex natural gas (NGU24) on Wednesday closed down by -0.021 (-0.96%).

Sep nat-gas prices Wednesday closed lower for a second day on a mixed weather outlook.  NatGasWeather said Wednesday that forecasts have shifted hotter for most of the US from August 26-September 4, which should boost nat-gas demand from electricity providers to run air conditioning.  However, temperatures for the Great Lakes and New England for that same timeframe are expected to cool.  

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