Natural Gas News – August 11, 2025
Natural Gas News – August 11, 2025
Bearish Forecast on Milder Weather and Robust Storage Levels
Natural gas futures ended last week under pressure, with the front-month contract settling at $2.990, down 3.02% on the week. Early buying tied to scorching weather in parts of the U.S. faded quickly as traders turned their attention to strong production, robust storage levels, and forecasts for milder conditions ahead. The technical picture remains firmly bearish, with price holding well below the 52-week simple moving average at 3.730. The latest EIA storage report showed a net injection of 7 Bcf for the week ending August 1, bringing total working gas in storage to 3,130 Bcf. … https://tinyurl.com/yey6c4dt
AI’s endless thirst for power driving a natural gas boom in Appalachia
Natural gas has always been the overlooked little brother to crude oil that drives the fossil fuel industry dating back to the famed Drake Well in 1859 in Pennsylvania, which launched the U.S. oil and gas industry. The dynamics have changed now—especially in the heart of the gassy Marcellus Shale in Pennsylvania. Gas demand is beginning to boom thanks to the electricity feeding frenzy from data centers, skyrocketing liquefied natural gas (LNG) exports, and the ongoing retirements of aging coal plants being replaced by relatively cleaner-burning gas.… For more info go to https://tinyurl.com/8vka35yj
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