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Strategies & Market Trends : Natural Resource Stocks

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From: roguedolphin	6/20/2025 1:54:18 AM
	1 Recommendation Recommended By isopatch Read Replies (1) of 108587

EIA Weekly Natural Gas Storage Report June 19 The JUL25 NYMEX contract for HH Ngas closed today at $4.08/MMBtu, which is a month earlier than I expect to see it over $4.00. Working gas in storage was 2,802 Bcf as of Friday, June 13, 2025, according to EIA estimates. This represents a net increase of 95 Bcf from the previous week. Stocks were 233 Bcf less than last year at this time and 162 Bcf above the five-year average of 2,640 Bcf. At 2,802 Bcf, total working gas is within the five-year historical range. Before the 2025/2026 winter begins in mid-November, the U.S. needs MORE GAS IN STORAGE THAN IT HAD IN STORAGE A YEAR AGO. Why? Because from YE 2024 to YE 2026 demand for U.S. natural gas will increase by 12 Bcfpd and the U.S. does not have the infrastructure to increase production by that amount. In July the weekly builds will be much smaller because during July & August all gas-fired power plants in the SE will need to run at maximum capacity to meet electricity demand. Dan Steffens Energy Prospectus Group

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