U.S. natural gas futures settle lower as the market sees adequate supply to meet the heat wave that's seen driving up power-sector demand through the July 4 holiday weekend. "Inventories are still solidly above the five-year average, which has limited urgency for buyers," Andy Huenefeld of Pinebrook Energy Advisors says in a note. The firm maintains a bullish outlook, although near-term the market remains highly weather dependent, he adds. "If warmer weather persists long enough to start eroding the five-year storage surplus, the market will have a stronger case for breaking above the recent range. If the heat fades quickly, storage comfort should keep upside momentum in check." The Nymex August contract falls 3% to $3.181/mmBtu as it moves to the front of the curve. ([email protected])