Tim Beggans recaps a sideways October market that still can’t hold $3: yesterday’s +44 Bcf print, a widening deficit vs last year, the February / El Niño fade watch, ERCOT with solar now the top renewable, volatile national power prices and data-center load, lingering Dallas–St. Louis heat vs incoming fall, EU/UK storage gaps, Typhoon Dewan staying offshore Japan, quiet Hormuz, mixed U.S. LNG (Cameron back, Freeport and Golden Pass off), a historically quiet Atlantic, ENSO fl

Tim Beggans covers storage-day October NG stuck between the 13- and 48-period EMAs, a possible run at the $3 options cluster, the February / El Niño fade watch, ERCOT and a volatile national grid (PJM spiked to $4,000/MWh yesterday), lingering Dallas–St. Louis heat, Europe/UK storage (Germany off target, UK ~33% full), Typhoon Dewan heading toward Japan during Silver Week, quiet Hormuz plus Houthi/Bab el-Mandeb risk, U.S. LNG feedgas with Cameron recovering, a quiet Atlantic,

Tim Beggans covers October holding above the 13- and 48-period EMAs without a crossover, LNG slipping vs lingering heat, tomorrow’s storage print, the February winter contract, ERCOT and national grid demand, a central-U.S. heat chimney into early October, Europe/UK storage (Rough empty), quiet Hormuz with one Qatar loader, Cameron down a train, tropics and Saharan dust, and the E&P watch list. Contract / levels: October near 2.923–2.936, up a few ticks Above the 13- and 48-p

Tim Beggans covers the October bounce toward a 13/48 EMA crossover, lingering record-warm September heat, Thursday’s storage setup, the Feb–Mar “widow maker” spread, ERCOT and national grid demand, Europe/UK storage gaps, JKM vs TTF for November cargos, quiet Hormuz, mixed U.S. LNG feedgas (Cameron off), a 40% Mid-Atlantic tropical watch (possible Fay), Saharan dust, Java Trench activity, and the E&P watch list. Contract / levels: October near 2.924–2.941, up ~3–5¢ Testing a

Tim Beggans covers the bounce back toward the 13- and 48-period EMAs, four top headlines, WTI over $104, ERCOT and national grid demand, lingering Texas heat vs incoming northern fall, Europe/UK storage, JKM vs NBP, quiet Hormuz after a weekend tanker hit, U.S. LNG feedgas ramping into winter, a Mid-Atlantic tropical watch (possible Fay), West drought, Lake Gatun, Java Trench quakes, and the E&P watch list. Top news: Iran–U.S. war expands to include Yemen and Saudi Arabia She

Source: EIA This Week's Main Drivers: EIA NG Storage: +40 BCF vs. +69 BCF last year and the +52 BCF 5-year average. The smaller injection keeps the storage deficit narrative alive as we approach winter. Crude oil rocketed above $100/BBL. as the Iran-US war continues to disrupt energy flows and effectively shut the Strait of Hormuz to LNG exports. No LNG tankers transited Hormuz Wednesday, underscoring the severity of the disruption. Summer heat is finally retreating, with the

Source: 2b1st The Strait of Hormuz crisis is forcing Gulf producers to rethink a fundamental question: Can natural gas reach global markets without passing through Hormuz? One intriguing possibility is Saudi Arabia. Saudi Arabia already has the Master Gas System (MGS) connecting major gas-producing and processing assets across the Kingdom. Aramco is expanding the system toward 17.5 Bcf/d by 2028. But here's the bigger idea: Could Saudi Arabia eventually extend its gas infrast

Tim Beggans opens with a 9/11 remembrance, then recaps October NG after yesterday’s storage print, the bounce off first support, ERCOT and national grid demand, lingering Texas heat vs incoming northern fall, Europe/Asia weather and storage, TTF/JKM January panic with Hormuz still tight, two tankers at Ras Laffan, strong U.S. LNG feedgas, a historically quiet Atlantic, West drought, and the E&P watch list. Contract / levels: October near 2.817–2.824 Below the 13- and 48-perio