March natural gas began the Sunday evening trade with a gap lower open below Friday's low. Some traders pointed to above normal temperatures and near record production in the US as forces weighing on prices. The latest 6 to 10 day weather maps show above normal temperatures in the upper Northeast and a large swath of average to below average temperatures for the Western half of the country, offering little support for heat-related demand for natural gas. This situation was also highlighted by data earlier this morning from the National Weather Service, which forecasted US heat-related demand for natural gas to average around 8.0% below normal in the coming week. In the meantime, prospects for more US production cuts from Cheseapeake due to the historically low prices offer a potential positive that other US producers might follow suit. The latest gas-directed rig count data from Baker Hughes that showed its 5th weekly decline to 720. The Commitments of Traders Futures and Options report as of February 7th showed non-commercial traders were net short 127,712 contracts, for a small decrease on the week. Non-commercial and non-reportable traders combined held a net short position of 99,931 contracts, for a decrease of 3,056 on the week.