Gas Futures Riding High Buoyed By Sizzling Summer, Storm Risk

摘要

Last week's natural gas futures market continued to be underpinned by exceedingly hot US temperatures and the potential for hurricanes to emerge in coming weeks. However, the bigger picture suggests that growing gas production and the start of a seasonal downturn in temperatures will likely keep September gas stuck in a $4.40 to $5 rut for now.