Quicksilver Resources Inc

A heat wave that has persisted in the US has helped to lift natural gas prices.

Natural gas prices rose last week in response to a bullish inventory report and expected cold weather.

Natural gas continued to climb on the week, as the markets expected cold weather to boost demand, a positive short-term and medium-term indicator.

Natural gas producers will see upside from the colder winter, as it has helped to boost natural gas prices.

Last week temperatures were colder than normal, however, natural gas fell steeply on the week despite this.

This past week, natural gas prices decreased by $0.25 per MMBtu. Natural gas prices remain low in a long term perspective despite last week’s great slip.

Natural gas prices closed down sharply given a larger than expected inventory draw and milder weather.

Last week’s weather was slightly milder than normal, which is a negative for natural gas prices as less of the commodity is needed to generate power for cooling devices.

Hotter-than-normal weather helped natural gas demand and natural gas prices. This resulted in a positive short-term catalyst.

On February 27, 2014, the EIA reported that natural gas inventories decreased by 95 bcf (billions of cubic feet) for the week ended February 21, bringing current inventories to 1,348 bcf.

Natural gas prices plummeted last week, as forecasts showed mild weather in early November. This is a negative for gas demand.

Natural gas prices fell on a bearish inventory report, closing at $4.53 per MMBtu for the week ended May 9, 2014—down from the $4.67 per MMBtu close the prior week.

Natural gas prices rose on forecasts of severe winter storms, as many households use natural gas for home heating.

On Thursday, May 8, 2014, the EIA reported that natural gas inventories increased by 74 bcf (billions of cubic feet) for the week ended May 2, bringing current inventories to 1,055 bcf.

Despite a colder-than-normal week, the onset of spring and the end of cold weather weighed on natural gas prices. The front month natural gas contract closed at $4.31 per MMBtu last week.

Natural gas prices have been relatively stable over the past few trading sessions, after several weeks of volatility due to extreme weather.

Continued cold weather has helped to keep natural gas prices above $5.00 per MMBtu.

Natural gas traded up by more than 9% on the week due to a bullish inventory report and cold weather. Natural gas has been trading at low levels over the past few years.

Natural gas prices are especially affected during the winter. Cold weather has been a major factor in the natural gas price rally over the past few weeks.

Natural gas prices fell last week, mostly on forecasts of incoming milder weather. The front month contract for natural gas closed at $4.78 per MMBtu.

Natural gas prices have rallied for the past few weeks, up nearly 30% since early November, which is positive for natural gas producers.

Natural gas prices continued to slide last week, for the third consecutive week in a row.