Natural-gas futures lost more ground on Thursday after the U.S. Energy Information Administration reported a supply increase of 59 billion cubic feet for the week ended July 26. Analysts polled by Platts forecasted a climb between 54 billion cubic feet and 58 billion cubic feet. Total stocks now stand at 2.845 trillion cubic feet, down 368 billion cubic feet from the year-ago level and 34 billion cubic feet below the five-year average, the government said. September natural gas /quotes/zigman/2294287 NGU13 -1.51% fell further, trading at $3.37 per million British thermal units, down 7 cents, or 2.1%. It was trading at $3.40 shortly before the data.
Have to wait and watch how management contracts for next years nat gas feedstock supply. With the increased capacity and low input prices, next year could be better than they have already stated it would be.