What's New in Natural Gas - November Futures (NGX26 @ 3.087) | 10.19.2026
Top News for Natural Gas:
1.) US LNG Feedgas climbs above 20 BCF/D
2.) Iran steps up Strait of Hormuz attacks
3.) Golden Pass targeting 2027 startup for Trains 2 & 3
4.) US NG exports to Mexico now over 7.7 BCF/D
In today's natural gas market update for Monday, October 19, 2026, Tim Beggans of ELK TRADING Co LLC breaks down key market drivers, weather trends, power grid dynamics, and global LNG developments impacting November natural gas futures (NGX26).
Key Topics Covered Today:
US LNG feedgas demand crossing above 20 Bcf/d
Tensions in the Strait of Hormuz and shipping updates
Golden Pass LNG startup updates for Trains 2 & 3, plus Train 1 feedgas data
US pipeline exports to Mexico topping 7.7 Bcf/d
ERCOT & PJM power grid supply/demand balance, negative pricing, and renewables
Extended US weather models, polar vortex/teleconnections (AO, NAO, PNA), and Arctic sea ice buildup
European storage levels (UK, EU, Germany, Belgium, Netherlands) and Asian spot LNG (JKM) updates
US LNG export terminal run rates (Cameron, Freeport, Sabine Pass, Corpus Christi, Plaquemines, Golden Pass)
Oil & gas E&P equities and short interest trends
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
💬 Join the Discussion:
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Timestamps
00:00 - Introduction & Top Market Headlines
00:48 - November Natural Gas Futures (NGX26) Price Action
01:31 - Technical Analysis: Hourly Chart, Pivots & RSI
01:46 - ERCOT Power Grid: Demand, Renewables & Generation Mix
02:33 - National Power Grids: PJM, MISO & NYISO Volatility
03:05 - US Weather Outlook: 6–10 & 8–14 Day Temperature Maps
03:28 - Extended Weather Forecast (Late October into November)
04:03 - Winter Seasonal Outlook: November–January & El Niño Pattern
04:32 - February–March "Widowmaker" Spread Analysis
04:54 - US Temperature Model Rundown & Canadian Cold Air
06:02 - European Weather Overview
06:24 - UK Gas Market: Storage Withdrawals & Capacity
07:10 - European Union (EU) Natural Gas Storage Levels
07:50 - Asian Market: JKM Price Action, Weather & Tropical Storms
09:24 - Geopolitics: Strait of Hormuz & Middle East Shipping
09:40 - Ras Laffan & Middle East LNG Flows
09:58 - US LNG Export Facilities Run Rates & Feedgas
11:00 - US Nuclear Fleet Refueling & Outage Updates
11:16 - Tropical Weather & Atlantic Nor'easter Watch
11:37 - Polar Vortex & Teleconnections (AO, NAO, PNA)
11:56 - Arctic Sea Ice & Snow Cover Extent
12:33 - Oil & Gas E&P Equities & Short Float Overview
13:00 - Final Summary & Closing Thoughts
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