
US natural gas futures rose to an eight-week high as LNG feedgas flows recovered after Tropical Storm Edouard passed Texas and Louisiana. Forecasts for unseasonably warm weather and higher air-conditioning demand through mid-September also supported prices.
Storage injections were expected to be below normal.
Warm weather and firm LNG demand tighten the US gas balance, supporting natural gas prices. Higher gas costs modestly raise ethanol and fertilizer production expenses.
After 221 past bullish weather events, Natural Gas moved a median +3.3% over 5 sessions (61% higher; middle half -5.2% to +14.0%), and -0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.