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Warm Temperatures Forecasted to Cause Natural Gas Heating Demand to Fall 34%

NEW YORK, NY--(Marketwire - Dec 10, 2012) - Natural gas have been in a slump recently as forecasts for warmer temperatures and weaker demand for gas-fired heating have causes prices for the commodity to fall sharply. The United States Natural Gas Fund (UNG), which is designed to track the changes in the price of natural gas, has fallen over 11 percent in the past week. The Paragon Report examines investing opportunities in the Natural Gas Industry and provides equity research on Anadarko Petroleum Corporation ( NYSE : APC ) and Southwestern Energy Company ( NYSE : SWN ).

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Weather forecasts have called for above average temperatures in the coming weeks. Approximately 50 percent of households in the United States are heated with natural gas. Recent data from Weather Derivatives show that heating demand will be 34 percent below average for the 48 contiguous states from Dec. 4 through Dec. 8. The forecast for lower demand has seen prices for natural gas fall 5.2 percent in the past week.

"The earlier seasonal rally clearly expressed overly optimistic expectations for initial heating demand. Good demand may still materialize, but the enthusiastic aspirations of participants need to be worked off," wrote Mike Fitzpatrick, editor of the Energy OverView newsletter.

Paragon Report releases regular market updates on the Natural Gas Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.ParagonReport.com and get exclusive access to our numerous stock reports and industry newsletters.

Anadarko is among the largest independent oil and natural gas exploration and production companies in the world, with 2.54 billion barrels of oil equivalent (BBOE) of proved reserves at year-end 2011. The company recently reported that four of their core operating areas has surpassed the 100,000 BOE per day milestone.

Southwestern Energy is a growing independent energy company primarily engaged in natural gas and crude oil exploration, development and production within North America. The company produces primarily natural gas from more than 1.5 million acres of land. Southwestern reported oil and gas production of 144.3 Bcfe in the third quarter, a year-over-year increase of 12 percent.

The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: