September baseload natural gas prices showed some modest gains day/day on the last day of bidweek trading Wednesday, but not enough to reverse a downward trend from August as prices reflected summer’s demand firmly in the rearview mirror.
The weakness in baseload prices came as earlier forecasts calling for “an extended summer” for much of the country into September gave way to cooler iterations.
“September is forecast as the coolest in over a decade,” EBW Analytics Group senior analyst Eli Rubin said.
