Natural gas advanced Monday on expectations that current low prices could spur additional demand, especially with some above-average temperatures expected this month. Natural gas for September delivery settled up 3.6 cents, or 1%, at $3.834 a million British thermal units on the New York Mercantile Exchange. Weather forecasts released Monday called for above-average temperatures on the West Coast and in Texas in the next six to 10 days, though moderate weather is still expected in the east. “Domestic weather models are finally seeing something resembling normal summer temperatures,” said energy-advisory firm Gelber & Associates in Houston in a note. “The increased power demand that will come with normal summer temperatures will accentuate the current preference for natural gas.” Prices are still trading near their lowest point of the year, as a mild summer has reduced demand for gas-powered electricity to fuel air-conditioning units and allowed […]