UNL - Natural Gas: Bearish Weather And Tropical Storm Seen Pushing Demand Lower But Pullback Should Be Short Lived

Welcome to the divergence edition of Natural Gas Daily!

It's amazing that September contracts are still above $1.8/MMBtu despite the amount of CDDs we've lost over the last few days. Over the last three days, we've lost a cumulative 14.22 TDDs.

And yet, over the last three days, natural gas prices have managed to finish higher.

Now we explained why we believe that was the case in the NGF yesterday. But at certain point, you can't deny the gravity pull from natural gas.

But more importantly, for us (given we are long EQT (EQT)), the