Natural Gas Forwards Slide, Bid Adieu to Summer Heat

With the core of summer quickly winding down, natural gas forward prices continued to decline during the July 19-24 period as an intense heat wave that had blanketed the U.S. Northeast earlier in the week moved out of the region. August prices shed 6 cents on average, as did balance-of-summer (August-October) prices, according to NGI’s Forward Look. The prompt winter (November 2019-March 2020) was down an average 7 cents, while next summer (April-October) was down just 3 cents on average.

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