NYMEX August natural gas futures fell 3.6 cents Monday to settle at $2.721/MMBtu as dry gas production outpaced the high power burn totals seen of late. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The front-month contract traded between $2.713/MMBtu and $2.741/MMBtu on Monday. Power burn is expected to rise 0.87 Bcf to 35.49 Bcf Monday, with the Northeast and Southwest rising 0.9 Bcf and 0.3 Bcf, respectively, and the Southeast falling, according to S&P Global Platts Analytics. After setting an all-time system load record on two consecutive days last week, the Electric Reliability Council of Texas footprint is forecast to hit a fresh all-time high Monday, according to Platts Analytics. Looking ahead, the most recent six-to-10-day forecast from the US National Weather Service points to colder-than-average temperatures for much of the Midcontinent and Upper Midwest and warmer-than-average temperatures in much of the […]