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

Tim Beggans covers a third straight down day in October NG, today’s storage print, failed 13/48 EMA crossover, possible 114 Bcf/d production, WTI over $100 and a closed Hormuz, the Jan–Oct spread rebound, ERCOT demand with weak wind, lingering Texas heat vs incoming northern fall, Europe/Asia weather and storage, U.S. LNG feedgas, quiet tropics and Saharan dust, Anak Krakatau / Java Trench quakes, and the E&P watch list. Contract / levels: October near 2.778–2.788, down ~3–4¢

Tim Beggans covers the October selloff below the 13- and 48-period EMAs, tomorrow’s storage print, possible 114 Bcf/d production and Hue Brinson / Permian flows, ERCOT and national grid demand, lingering Texas heat vs northern cooling, JKM vs TTF arb into winter, EU/UK storage, quiet Hormuz / empty Ras Laffan, U.S. LNG feedgas, tropics and Saharan dust, Anak Krakatau, and the E&P watch list. Contract / levels: October near 2.837–2.841, down ~7–8¢ Below the 13- and 48-period E

Tim Beggans covers the October selloff, failed $3 tests, options open interest at $3 and $4, the Jan–Oct gap fill at 92.7¢, February / El Niño analog years, ERCOT and national grid demand, lingering southern heat vs northern cooling, Europe/UK storage, Asia temperatures, a Qatari LNG cargo through Hormuz, U.S. LNG feedgas, quiet tropics and Saharan dust, Severe Weather Europe snow outlook, Anak Krakatau, and the E&P watch list (now including LandBridge). Contract / levels: Oc

The UK is facing a precarious energy situation this winter. In this video, I react to Jacob Rees-Mogg’s assessment of the UK's gas storage crisis and domestic production decline. We dive deep into why the Rough storage field is empty, the impact of North Sea production drops, and why the UK is now so dependent on US LNG. With the Ormen Lange field underperforming and global supply routes like the Strait of Hormuz facing disruptions, what happens if the UK faces a "Dunkelflaut