Cooler temperatures will return during the second half of this week across the east-central U.S. through the weekend after trending warmer last week. Looking further ahead, weather systems with cooler than normal temperatures will linger across the northern and eastern U.S. through the first week of November. Bullish speculators are betting that the cold weather will increase early-winter demand for the heating fuel. The heating season from November through March is the peak demand period for U.S. gas consumption
Total natural gas in storage currently stands at 3.646 trillion cubic feet (tcf), according to the U.S. Energy Information Administration. That figure is 179 bcf, or around 4.9%, lower than levels at this time a year ago and 35 bcf, or roughly 1%, below the five-year average for this time of year. Analysts estimated the amount of gas in storage would end the April-October injection season at 3.8 tcf due primarily to higher liquefied natural gas shipments abroad. That would fall short of the year-earlier record of 4.0 tcf and the five-year average of 3.9 tcf.
CelsiusEnergy states an average of 2 tankers a week are docking at Sabine Pass exporting LNG to Foreign Countries
News 
Market Data 
Discover 
