U.S. Natural Gas Futures Reverse Decline as Volumes Jump
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Natural gas climbed in New York for the second time in three days amid forecasts for above-normal temperatures that would boost air conditioner use.
Gas gained 0.6 percent as MDA Weather Services in Gaithersburg, Maryland, said temperatures would be higher than average in most of the lower-48 states from July 15 through July 24. The high in Chicago on July 20 may be 90 degrees Fahrenheit (32 Celsius), 6 higher than usual, according to AccuWeather Inc. in State College, Pennsylvania.