Source: EIA This Week's Main Drivers: EIA storage increased +53 BCF, versus +77 BCF last year and +76 BCF for the five-year average. YTD injections remain materially below last year, reinforcing the tighter seasonal setup. October gas broke above $3/MMBtu as Columbia Gas declared Force Majeure on TCO Line 100, impacting roughly 1.8 BCF/D and triggering significant short covering. The U.S. nuclear fleet is entering fall maintenance/refueling, while Cove Point LNG began its ann

Source: Twitter (X) In recent weeks, a swirl of geopolitics—from Iran to China to Russia—is casting a growing shadow over global energy markets. These tensions aren’t just headlines; they’re potential inflection points for risk premiums, upstream disruptions, and price volatility. Iran: Drought, Crackdowns & Tanker Seizures Iran is grappling with a historic drought, rising internal unrest, and the seizure of a Marshall Islands–flagged oil tanker in the Strait of Hormuz. Becau