0954 ET - U.S. natural gas futures are lower with the market continuing to shrug at summer heat while focusing on strong production, abundant inventories and soft LNG feedgas. High renewable power generation is also seen limiting the amount of gas that would be used to meet air conditioning demand, despite temperatures reaching triple digits in Texas and elsewhere. "Where temperatures are comfortable is across portions of the Great Lakes and Northeast," NatGasWeather.com says in a note. "However, even with hot weather patterns, power burns have been under-performing." Nymex natural gas is down 1.4% at $2.728/mmBtu.
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