The weather outlook is heating up

The latest NOAA 8-14 day forecast looks like there might be a slightly changing weather pattern about to hit the US as we head into the second half of August.

Judging by the chart, the cooler area in the south east is getting smaller and above average temperatures are trying to push their way into the more highly populated east coast areas and much of the west coast.

We saw this news filter into the market early yesterday and it put a bit of a bid into natural gas.

Our spread pushed higher early only to settle toward the lows.

We are still likely to see another injection into storage this week but it might serve as a good chance to cover if the weather starts to heat up.