
The Labor Day weekend traditionally marks the onset of the football season, when we start to anticipate a change in seasons, as crisp, autumn-like temperatures begin to fill the air. Yet, this is not the only seasonal change we can expect. Natural gas futures (NGV25) traders are beginning to shift their focus from current market conditions and turning their attention to the upcoming winter season.
This translates to rising futures pricing models, which look forward to winter contract months, such as November through March. This impetus typically coincides with a bottoming of natural gas futures prices around the last week of August to the first week of September.