0924 ET - U.S. natural gas futures gain ground as weekend weather forecasts showed summer heat lasting a little longer. "Near-term weather-driven gas demand is strong, with further backing from robust LNG," Eli Rubin of EBW Analytics says in a note. But production remains prolific, keeping winter futures prices subdued, he adds. "Winter contract weakness halted near-term upside early in September and, unless prices move higher, may continue to impede the extent of near-term Nymex upside potential." The Nymex front month is up 1.3% at $2.868/mmBtu.
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