April natural gas prices gapped into a new contract low Sunday evening and have struggle to close the opening gap. The 6 to 10 day weather outlook from the National Weather Service projects normal to above normal temperatures throughout the upper half of the US out into March 14th, and that remains a force cutting into heat-related demand for natural gas. It seems that natural gas prices remain under pressure from last Thursday's EIA storage report that showed a smaller than expected decline, and the extremely large surplus of current supplies compared to the five-year average, which climbed to 45.0% in last week's report. The Commitments of Traders Futures and Options report as of February 28th showed non-commercial traders were net short 134,282 contracts, an increase of 9,058. Non-commercial and non-reportable traders combined held a net short position of 108,002 contracts, for an increase of 8,738 on the week.