# Nat-Gas Prices Fall Back on the Outlook for Cooler U.S. Temps

> August Nymex natural gas closed down 6.5 cents, about 2.4%, as forecasts pointed to cooler temperatures in the Northeast. Lower-48 output was near 99.8 bcf/d and EEI reported US electricity output down 4% year on year.

- Date: 2023-07-26 · published 2023-07-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/35229-nat-gas-prices-fall-back-on-the-outlook-for-cooler-u-s-temps
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Lower cooling demand and high inventories point to softer gas prices, easing energy and fertilizer cost pressure on feed producers.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- barchart.com: https://www.barchart.com/story/news/18820578/nat-gas-prices-fall-back-on-the-outlook-for-cooler-u-s-temps

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.