DJ UPDATE:US GAS:Futures Fall Flat On Selling, Strong Supplies
futuresource.quote.com
(Settlement and Cash prices)
"It's really a hurricane story right now," said Tim Evans, an energy analyst
with Citigroup in New York. "We don't have that much summer heat left and in
any case it's not going to make a big dent in the surplus in storage. The only
thing that could really turn the tables is a hurricane in the Gulf or no
hurricanes in the Gulf of Mexico."
BLOOMBERG:Nymex Natural Gas Little Changed on Inventories in U.S., Canada
bloomberg.com
Natural gas in New York was little changed, erasing gains earlier in the trading session, as inventories of the power-plant fuel were seen as ample to meet cooling demand during hot weather in the weeks ahead...
...Some Canadian storage facilities are nearly full, reducing the need for buyers to stockpile the fuel, a report said today.
Western Canadian storage is 88 percent full, or about three months ahead of last year's pace of injections, brokerage FirstEnergy Capital Corp. said.
Few Incremental Buyers
``With fewer places to store gas in Western Canada and storage buyers elsewhere in North American already having their hands full with high storage levels of their own, it is going to be tough to find incremental buyers in what is already a weak natural-gas pricing environment,'' the Calgary-based company said.
A heat wave across the U.S. is expected to lift average energy requirements 33 percent above normal throughout the next seven days, according to Belton, Missouri-based Weather Derivatives.
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wxmaps.org
cpc.ncep.noaa.gov
cpc.ncep.noaa.gov
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The tropical Atlantic remains quiet 
nhc.noaa.gov
From Dr. Jeff Masters' Blog
wunderground.com
The Tropical Atlantic is quiet. There are no threat areas to discuss, and none of the reliable models are forecasting development of a tropical storm over the next seven days.
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