Natural Gas Weekly Recap - August Futures (NGQ26 @ 3.263) | 07.03.2026
- Timothy Beggans
- 1 day ago
- 2 min read
Timestamps
00:00 - Introduction & August Contract Performance
00:44 - Hourly Chart Analysis & Pivot Points
01:15 - EIA Storage Report Breakdown
01:35 - Winter Strip & Super El Niño Outlook
02:31 - Next Year's Injection Season Trends
03:10 - ERCOT Power Grid & Fuel Mix Analysis
03:35 - Northeast US Power Price Pain Points
04:08 - US 8-14 Day Temperature Outlook
04:26 - Extreme Heat Risk Maps (US)
06:14 - European Weather & Storage Update
07:42 - Asia Temperature Map
08:19 - Middle East Shipping Traffic
08:34 - US LNG Export Infrastructure Updates (Port Arthur & Golden Pass)
09:11 - Gulf Coast Terminal Flow Rates (Sabine Pass, Freeport, etc.)
10:16 - Atlantic Hurricane Outlook & Saharan Dust Plume
10:53 - Weekly Stock Performance Recap
11:25 - Closing Summary & Final Thoughts
In this weekly recap for July 3rd, 2026, Tim Begins, President of Elk Trading Company, breaks down the latest movements in the Natural Gas market. We dive into the August spot contract performance, analyze the recent EIA storage report, and discuss how excessive heat across the US and Europe is impacting demand. We also cover the latest LNG export updates from the Gulf Coast and what the "Super El Niño" outlook could mean for the upcoming winter strip.
Key Topics Covered:
August Futures technical analysis and pivot points.
EIA Storage Report breakdown (+87 BCF).
Winter strip (Nov-March) and the impact of El Niño.
Power grid demand and fuel mix (Solar/Wind vs. Gas).
Extreme heat risk maps for the US and Europe.
LNG export updates: Golden Pass, Sabine Pass, and Port Arthur.
Saharan Air Layer impact on hurricane activity.
NG Stock Watch List Oil & Gas EMP Sector
Market Cap 2-10B, short float over 10%
BKV | CNX | CRGY | CRK | MGY | MTDR
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