September natural gas prices treaded water a bit to finish the week, with growing supply concerns competing with a slightly cooler shift in the latest weather forecasts. The September Nymex gas futures contract settled Friday at $4.140, unchanged on the day. October climbed six-tenths of a cent to $4.154.

markets

At A Glance:

  • Heat, wind ramping up
  • Stronger production needed to avoid shortfall
  • Cash softens despite heat

After several days of gains, spot gas prices retreated at the majority of market hubs despite the warmer outlook for the coming week. NGI’s Spot Gas National Avg. dropped 10.5 cents to $4.040.

Forecasts have been consistent in showing the hottest weather of the summer for the next several days. High temperatures across most of the country are expected to hit the...