The NYMEX October gas futures contract jumped 6.1 cents and settled at $3.038/MMBtu Monday on expectation of a demand spike in early October. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The front-month contract traded between $2.951/MMBtu and $3.044/MMBtu. “There has been an expectation of a cold front coming in early October,” said David Thompson, executive vice president at PowerHouse Brokerage, noting that it might drive up prices and help break the $3.10/MMBtu level. The National Weather Service calls for a likelihood of cooler-than-average temperatures across much of north of the US over the next eight to 14 days. S&P Global Platts Analytics projections show an uptick in heating demand, likely due to the expected cold front, with residential and commercial demand averaging 16.1 Bcf/d in the next eight to 14 days, compared with 14.2 Bcf/d for the same time period last year. […]