Source: Google Maps In the classic cups-and-balls trick, the challenge is figuring out where the ball went. In today’s LNG market, Qatar is making the cargoes harder to track. The Strait of Hormuz remains the critical chokepoint. With the Iran conflict disrupting shipments, Qatar has been forced to improvise to keep LNG moving from Ras Laffan. According to Bloomberg’s October 14 reporting, QatarEnergy has deployed an unusual workaround: an older LNG carrier, sailing without A

In this natural gas market recap, Tim Beggans breaks down the price action for the spot November contract (NGX26) as prices test critical support levels heading into the weekend. We analyze technical indicators, weather outlooks, EIA storage figures, European & Asian gas dynamics, power burn metrics, and energy equities. Key Topics Covered: • Technical analysis: 13/48 EMAs, daily pivot, and support levels • EIA storage report recap and regional breakdown • 6–10 and 8–14 day U

Tim Beggans covers storage day with November still under pressure from mild temperatures and Freeport volatility, though a possible bullish candlestick is forming. Also: expectations near +82 Bcf versus last year +86 and the five-year +87, open interest above 222k with less than a week to expiration, heavy put open interest at the 2.75 strike, light ERCOT wind supporting gas share, quieter power markets, warm 6–10 and 8–14 day outlooks, a Nov–Dec spread testing the 50-day, UK

Tim Beggans covers a sharp break that took November below the 2.90 support and outside the recent range, with the 13- and 48-period EMAs crossing down. Also: warm 6–10 and 8–14 day forecasts, Freeport volatility, open interest above 173k with one week left until expiration, light ERCOT wind supporting gas share, power spikes in the Northeast, a Nov–Dec spread targeting the 50-day, UK net withdrawals with Rough still empty, EU storage at 74.6%, Hurricane Chambi toward Taiwan t

Tim Beggans covers a range-bound pullback that left November testing first support with the 13- and 48-period EMAs about to cross down. Also: LNG feedgas growth and rising nuclear outages versus higher production and a lack of cold in the Chicago–New York–Atlanta triangle, light ERCOT demand, power-market volatility from fall maintenance, an Apr–Oct spread well below the 50-day, EU storage at 74.6% with Germany at 61%, UK net withdrawals and Rough still empty, Champy passing

Top News for Natural Gas: 1.) US LNG Feedgas climbs above 20 BCF/D 2.) Iran steps up Strait of Hormuz attacks 3.) Golden Pass targeting 2027 startup for Trains 2 & 3 4.) US NG exports to Mexico now over 7.7 BCF/D In today's natural gas market update for Monday, October 19, 2026, Tim Beggans of ELK TRADING Co LLC breaks down key market drivers, weather trends, power grid dynamics, and global LNG developments impacting November natural gas futures (NGX26). Key Topics Cove

Source: EIA This Week's Main Drivers: EIA Storage: +67 BCF versus +80 BCF last year and the +90 BCF five-year average. Storage remains above the five-year benchmark, but the surplus is narrowing. Pacific Region: A rare 5 BCF withdrawal highlights regional supply and replenishment challenges. Columbia Gas Transmission: A second, separate force majeure involving MXP Line-100 near Saunders Creek, West Virginia, took effect October 14. Monitor PHMSA and pipeline notices for updat

Source: Saunders Regulator Station (TCO) - Google Maps Natural gas markets face a volatile mix of pipeline disruptions, fluctuating LNG feedgas demand, production changes and unpredictable weather. With winter approaching, even modest fundamental shifts could accelerate price movements. Storage: A Mixed Signal The EIA’s October 15 report showed a 67 BCF injection for the week ending October 9, bringing inventories to 3,567 BCF. Stocks remain 143 Bcf (3.9%) below last year but