Daily Natural Gas Report - September Futures (NGU26 @ 2.645) | 08.06.2026

Timestamps:

00:00 - Market Open & Storage Day Expectations

00:40 - Technical Analysis: Hourly Charts & RSI

01:02 - Front-to-Back Spreads & El Niño Concerns

01:24 - ERCOT Grid: Renewables & Battery Storage

02:00 - National Grid & US Heat Map Forecast

04:08 - European Weather & Critical Storage Update

05:33 - Global LNG: Asia vs. Europe Price War (JKM vs. TTF)

06:47 - LNG Vessel Tracking: Hormuz & US Gulf Terminals

08:39 - Tropical Outlook & Atlantic Storm Development

09:26 - Nuclear Fleet Status & Western US Wildfires

10:11 - Oil & Gas Sector Stocks (EMP Performance)

10:28 - Summary: Potential Reversal Countdown

It’s Thursday, August 6, 2026, and today is a critical Storage Day for the natural gas markets. Join Tim Beggans, President of Elk Trading Company, for a comprehensive daily briefing on the September futures contract and the global factors driving current price action. We break down the bearish storage report expectations, technical support levels to watch, and the growing concerns surrounding the "Super El Niño" impact on the upcoming winter.

From ERCOT grid demand and extreme heat risks in the Western US to the tightening storage situation in the EU and LNG cargo flows toward Asia, we cover the macro and micro data you need to stay ahead of the market.

In this video, we discuss:

US Market Technicals: September contract price action, RSI indicators, and key support levels (2.615 - 2.663).

Grid & Weather Analysis: ERCOT demand peaks, renewable output, and the extreme heat risk shifting toward the East Coast.

Global LNG & Storage: The critical storage deficit in Germany and France, and why Asia is outbidding Europe for spot cargos.

Infrastructure Updates: Real-time tracking of Freeport, Sabine Pass, and Golden Pass LNG nominations.

The Reversal Watch: Analyzing the potential for an "oversold" snap-up after 9–13 days of new lows.

NG Stock Watch List Oil & Gas EMP Sector

Market Cap 2-10B, short float over 10%

BKV | CNX | CRGY | CRK | MTDR | NOG

Let us know your thoughts on the storage report in the comments! If you find this analysis helpful, please like and subscribe for daily updates.