Attempts to pull September natural gas futures back above $3.00/MMBtu failed as market participants dragged the price lower through Monday afternoon trade amid a spattering of bearish fundamentals.

Natural Gas Intelligence's (NGI) National Avg. midday natural gas price graph showing historical market volatility.

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Here’s the latest:

September Nymex gas contract down 4.6 cents to $2.944 as of 2:30 p.m. ET