• NOAA’s outlook for the next couple of weeks has changed to mainly warmer than normal although the Northeast may have cooler weather.
  • The natural gas storage surplus continues to narrow with the heat but is expected to survive the summer.
  • Natural gas commodity prices fell this past week on a slightly cooler outlook but still are sustained by the heat.
  • A potential strike by LNG workers in Australia has caused European LNG prices to gain volatility as concerns about the possibility of a strike increase or decrease.