Mid-Week Natural Gas Report - October Futures (NGV26 @ 2.944) | 09.02.2026

https://youtu.be/nws9RWV3GeI

Tim Beggans covers the bounce above the 48-period EMA, a possible push toward $3, tomorrow’s storage print, managed-money short covering in the COT report, the Jan–Oct spread, ERCOT after Edouard, national power-price volatility, lingering U.S. heat vs incoming northern fall, UK/NBP panic on low storage, Europe/Asia weather, two vessels loading at Ras Laffan, U.S. LNG feedgas, Edouard’s track, and the E&P watch list.

Contract / levels:

October near 2.944–2.946, up ~4¢

Above the 48-period EMA

Daily pivot ~2.903

Resistance tested ~2.956

Storage (tomorrow):

Expected ~+30 Bcf vs last year +50 and 5-year average +37 (bullish on both)

NG Stock Watch List Oil & Gas EMP Sector

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

BKV | CNX | CRGY | CRK | MTDR | NOG

Timestamps

0:00 – Open: October bounce above the 48-period EMA

0:42 – Hourly chart, pivot, resistance & $3 watch

1:11 – Storage preview (+30 vs +50 / +37)

1:26 – COT: managed money covering shorts

1:53 – Jan vs October spread

2:23 – ERCOT load after Edouard; gas vs solar/wind

3:05 – National grid (MISO, PJM, ERCOT, SPP)

3:45 – U.S. heat-risk maps

4:29 – Extended models; heat dome vs incoming fall

5:22 – 6-10 day & 8-14 day outlooks

5:53 – UK/NBP new highs & storage panic

6:14 – Europe weather

7:13 – EU / UK storage

7:49 – Asia: tropical depression near Hong Kong / Taiwan

9:06 – Ras Laffan loadings

9:32 – U.S. LNG terminals

10:39 – Edouard update, Gulf SSTs, satellite

11:05 – Mid-Atlantic potential & Saharan dust

11:44 – E&P stock watch list

12:08 – Recap & close