Daily Natural Gas Report - November Futures (NGX26 @ 3.224) | 10.08.2026
Tim Beggans covers storage day with November still bid after an overnight gap and a fresh 13/48 EMA cross. Also: expectations lifted to roughly +82 Bcf, Texas Eastern maintenance extended into early November (~5 Bcf/d), the first hurricane of the season (Isaias) aimed at Mobile Bay / Pascagoula and Saturday’s Alabama–Georgia game, light ERCOT wind, sharp morning power spikes (NYISO over $1,000), cooler air into the Rockies and Northeast, EU storage at 73%, UK injections with Rough still empty, Asia turning colder toward Beijing by mid-month, U.S. LNG with Golden Pass near 500k and Freeport still choppy, teleconnections rolling negative, Lake Gatun near normal, and the E&P watch list.
Contract / levels:
November near 3.222–3.224, up ~2.1¢ (~0.7%)
Overnight gap up; 13- and 48-period EMAs crossed back up
Daily pivot ~3.189
First resistance ~3.267 (hovering)
Hourly RSI open to the downside — storage may disappoint
January up ~2.8–2.9¢ to ~3.270, still inside the channel
Storage (today):
Consensus lifted to roughly +80 to +82 Bcf (from ~+76)
Last year +77 / 5-year average +96
Bearish vs last year, bullish vs the 5-year
NG Stock Watch List Oil & Gas EMP Sector
Market Cap 2-10B, High short float over 10%
BKV | CNX | CRGY | CRK | LB | MGY | MTDR | NOG
Timestamps
0:00 – Open: storage day, overnight gap, first hurricane
1:03 – Hourly pivot & first resistance; RSI rolling over
2:07 – Texas Eastern maintenance extended (~5 Bcf/d into early Nov)
2:38 – January contract still in the channel
3:08 – ERCOT: demand under 73 GW, wind extremely low
3:55 – National grid spikes (PJM, NYISO over $1,000, MISO)
4:36 – U.S. models: cooler PNW / Rockies / Northeast
6:00 – 6-10 day & 8-14 day outlooks
6:28 – EU storage 73%; Germany / UK lag
7:25 – Europe weather into late October
8:19 – UK flows: net injecting; Rough still empty (~37%)
9:17 – UK NBP firming
10:00 – Asia weather; colder toward Beijing by mid-month
10:49 – Pacific storms; Isaias toward Mobile / Pascagoula
11:40 – Asia temps (Tokyo, Beijing, Delhi)
11:42 – U.S. LNG terminals (Golden Pass ~500k; Freeport choppy)
13:04 – Gulf storm track & expected landfall
13:45 – Wider tropics; Simon off Acapulco
14:21 – Tropical hazards & spaghetti models
14:37 – Saharan dust light
14:47 – Nuclear outages (data stale)
15:16 – El Niño pool vs cold pools
15:42 – Teleconnections rolling negative
16:09 – Lake Gatun / Panama Canal
16:29 – E&P watch list
16:51 – Recap & close
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