The latest NOAA 8-14 day forecast, continues to show above average temperatures across the bulk of the US.
As a result natural gas has been getting some nice support, which was also boosted by the latest storage number that showed a smaller than expected injection.
I'm going to be watching the Nov13/Jan14 spread with an eye to potentially getting an even better price.
If the weather keeps this one bid up, when the shoulder season hits, we might be in for a nice move lower.
But as ever, timing is everything. The seasonal window opens in mid-September so it's a little early at the moment. For now it's one to watch with one eye on the changing weather outlook.