• NOAA’s outlook continues to show warmer-than-normal temperatures for much of the nation, but the additional heat is not expected to generate a large amount of cooling requirements and may begin to offset heating requirements.
  • The natural gas storage surplus continues to narrow with the heat but is expected to recover a little in the upcoming weeks on moderate weather.
  • Natural gas commodity prices have traded within a small range as supply concerns have risen or waned.
  • Europe LNG is well supplied and there is news that the strike in Australia may end soon.