Market Update: NYMEX natural gas futures retreated on September 3 after the U.S. Energy Information Administration reported a net injection of 30 Bcf for the week ending August 28 — smaller than the five-year average build of 37 Bcf for the comparable week, but sufficient to cool the brief rally that had lifted the October contract above $3.00/MMBtu intraday. The October 2026 front-month contract settled at $2.913/MMBtu, down 4.3 cents on the session, while November fell 5.3 cents to $3.037/MMBtu. Three of five storage regions posted net withdrawals during the report week, an unusual late-August occurrence that reflects intense summer heat gripping much of the country.
The sharpest market action this week was in the Southeast, where a sustained heatwave drove spot gas prices to their highest summer 2026 levels since 2022. Florida Gas Zone 3 surged above $7.60/MMBtu and Transco Zone 5 South climbed to $7.70/MMBtu for September 4 flows. Pipeline operators responded with operational alerts.

Storage Report: The EIA reported a net injection of 30 Bcf for the week ending August 28, below the five-year average of 37 Bcf and below analyst consensus of ~32 Bcf. South Central, Pacific, and Mountain regions all drew down storage — unusual for late August — offset by East (+26 Bcf) and Midwest (+24 Bcf) injections. Total working gas stands at 3,214 Bcf, 160 Bcf (5.2%) above the five-year average but 50 Bcf below year-ago levels.



Weather: NOAA's 6–10 day outlook (valid September 9–13) calls for above-normal temperatures from the Desert Southwest and Rockies eastward through most of the Atlantic Coast, with 70%+ probability along the Gulf Coast — supportive of continued power burn and limited storage builds heading into mid-September. Near-normal conditions are expected for the Pacific Coast and northern New England.

Market Update: NYMEX natural gas futures retreated on September 3 after the U.S. Energy Information Administration reported a net injection of 30 Bcf for the week ending August 28 — smaller than the five-year average build of 37 Bcf for the comparable week, but sufficient to cool the brief rally that had lifted the October contract above $3.00/MMBtu intraday. The October 2026 front-month contract settled at $2.913/MMBtu, down 4.3 cents on the session, while November fell 5.3 cents to $3.037/MMBtu. Three of five storage regions posted net withdrawals during the report week, an unusual late-August occurrence that reflects intense summer heat gripping much of the country.
The sharpest market action this week was in the Southeast, where a sustained heatwave drove spot gas prices to their highest summer 2026 levels since 2022. Florida Gas Zone 3 surged above $7.60/MMBtu and Transco Zone 5 South climbed to $7.70/MMBtu for September 4 flows. Pipeline operators responded with operational alerts.

Storage Report: The EIA reported a net injection of 30 Bcf for the week ending August 28, below the five-year average of 37 Bcf and below analyst consensus of ~32 Bcf. South Central, Pacific, and Mountain regions all drew down storage — unusual for late August — offset by East (+26 Bcf) and Midwest (+24 Bcf) injections. Total working gas stands at 3,214 Bcf, 160 Bcf (5.2%) above the five-year average but 50 Bcf below year-ago levels.



Weather: NOAA's 6–10 day outlook (valid September 9–13) calls for above-normal temperatures from the Desert Southwest and Rockies eastward through most of the Atlantic Coast, with 70%+ probability along the Gulf Coast — supportive of continued power burn and limited storage builds heading into mid-September. Near-normal conditions are expected for the Pacific Coast and northern New England.

Market Update: NYMEX natural gas futures retreated on September 3 after the U.S. Energy Information Administration reported a net injection of 30 Bcf for the week ending August 28 — smaller than the five-year average build of 37 Bcf for the comparable week, but sufficient to cool the brief rally that had lifted the October contract above $3.00/MMBtu intraday. The October 2026 front-month contract settled at $2.913/MMBtu, down 4.3 cents on the session, while November fell 5.3 cents to $3.037/MMBtu. Three of five storage regions posted net withdrawals during the report week, an unusual late-August occurrence that reflects intense summer heat gripping much of the country.
The sharpest market action this week was in the Southeast, where a sustained heatwave drove spot gas prices to their highest summer 2026 levels since 2022. Florida Gas Zone 3 surged above $7.60/MMBtu and Transco Zone 5 South climbed to $7.70/MMBtu for September 4 flows. Pipeline operators responded with operational alerts.

Storage Report: The EIA reported a net injection of 30 Bcf for the week ending August 28, below the five-year average of 37 Bcf and below analyst consensus of ~32 Bcf. South Central, Pacific, and Mountain regions all drew down storage — unusual for late August — offset by East (+26 Bcf) and Midwest (+24 Bcf) injections. Total working gas stands at 3,214 Bcf, 160 Bcf (5.2%) above the five-year average but 50 Bcf below year-ago levels.



Weather: NOAA's 6–10 day outlook (valid September 9–13) calls for above-normal temperatures from the Desert Southwest and Rockies eastward through most of the Atlantic Coast, with 70%+ probability along the Gulf Coast — supportive of continued power burn and limited storage builds heading into mid-September. Near-normal conditions are expected for the Pacific Coast and northern New England.


Market Update: NYMEX natural gas futures retreated on September 3 after the U.S. Energy Information Administration reported a net injection of 30 Bcf for the week ending August 28 — smaller than the five-year average build of 37 Bcf for the comparable week, but sufficient to cool the brief rally that had lifted the October contract above $3.00/MMBtu intraday. The October 2026 front-month contract settled at $2.913/MMBtu, down 4.3 cents on the session, while November fell 5.3 cents to $3.037/MMBtu. Three of five storage regions posted net withdrawals during the report week, an unusual late-August occurrence that reflects intense summer heat gripping much of the country.
The sharpest market action this week was in the Southeast, where a sustained heatwave drove spot gas prices to their highest summer 2026 levels since 2022. Florida Gas Zone 3 surged above $7.60/MMBtu and Transco Zone 5 South climbed to $7.70/MMBtu for September 4 flows. Pipeline operators responded with operational alerts.

Storage Report: The EIA reported a net injection of 30 Bcf for the week ending August 28, below the five-year average of 37 Bcf and below analyst consensus of ~32 Bcf. South Central, Pacific, and Mountain regions all drew down storage — unusual for late August — offset by East (+26 Bcf) and Midwest (+24 Bcf) injections. Total working gas stands at 3,214 Bcf, 160 Bcf (5.2%) above the five-year average but 50 Bcf below year-ago levels.



Weather: NOAA's 6–10 day outlook (valid September 9–13) calls for above-normal temperatures from the Desert Southwest and Rockies eastward through most of the Atlantic Coast, with 70%+ probability along the Gulf Coast — supportive of continued power burn and limited storage builds heading into mid-September. Near-normal conditions are expected for the Pacific Coast and northern New England.

Market Update: NYMEX natural gas futures retreated on September 3 after the U.S. Energy Information Administration reported a net injection of 30 Bcf for the week ending August 28 — smaller than the five-year average build of 37 Bcf for the comparable week, but sufficient to cool the brief rally that had lifted the October contract above $3.00/MMBtu intraday. The October 2026 front-month contract settled at $2.913/MMBtu, down 4.3 cents on the session, while November fell 5.3 cents to $3.037/MMBtu. Three of five storage regions posted net withdrawals during the report week, an unusual late-August occurrence that reflects intense summer heat gripping much of the country.
The sharpest market action this week was in the Southeast, where a sustained heatwave drove spot gas prices to their highest summer 2026 levels since 2022. Florida Gas Zone 3 surged above $7.60/MMBtu and Transco Zone 5 South climbed to $7.70/MMBtu for September 4 flows. Pipeline operators responded with operational alerts.

Storage Report: The EIA reported a net injection of 30 Bcf for the week ending August 28, below the five-year average of 37 Bcf and below analyst consensus of ~32 Bcf. South Central, Pacific, and Mountain regions all drew down storage — unusual for late August — offset by East (+26 Bcf) and Midwest (+24 Bcf) injections. Total working gas stands at 3,214 Bcf, 160 Bcf (5.2%) above the five-year average but 50 Bcf below year-ago levels.



Weather: NOAA's 6–10 day outlook (valid September 9–13) calls for above-normal temperatures from the Desert Southwest and Rockies eastward through most of the Atlantic Coast, with 70%+ probability along the Gulf Coast — supportive of continued power burn and limited storage builds heading into mid-September. Near-normal conditions are expected for the Pacific Coast and northern New England.

Market Update: NYMEX natural gas futures retreated on September 3 after the U.S. Energy Information Administration reported a net injection of 30 Bcf for the week ending August 28 — smaller than the five-year average build of 37 Bcf for the comparable week, but sufficient to cool the brief rally that had lifted the October contract above $3.00/MMBtu intraday. The October 2026 front-month contract settled at $2.913/MMBtu, down 4.3 cents on the session, while November fell 5.3 cents to $3.037/MMBtu. Three of five storage regions posted net withdrawals during the report week, an unusual late-August occurrence that reflects intense summer heat gripping much of the country.
The sharpest market action this week was in the Southeast, where a sustained heatwave drove spot gas prices to their highest summer 2026 levels since 2022. Florida Gas Zone 3 surged above $7.60/MMBtu and Transco Zone 5 South climbed to $7.70/MMBtu for September 4 flows. Pipeline operators responded with operational alerts.

Storage Report: The EIA reported a net injection of 30 Bcf for the week ending August 28, below the five-year average of 37 Bcf and below analyst consensus of ~32 Bcf. South Central, Pacific, and Mountain regions all drew down storage — unusual for late August — offset by East (+26 Bcf) and Midwest (+24 Bcf) injections. Total working gas stands at 3,214 Bcf, 160 Bcf (5.2%) above the five-year average but 50 Bcf below year-ago levels.



Weather: NOAA's 6–10 day outlook (valid September 9–13) calls for above-normal temperatures from the Desert Southwest and Rockies eastward through most of the Atlantic Coast, with 70%+ probability along the Gulf Coast — supportive of continued power burn and limited storage builds heading into mid-September. Near-normal conditions are expected for the Pacific Coast and northern New England.

Click here to access our online tool, or call our Choice gas commodity experts at 1 (877) 790-4990.
Once enrolled, you will be removed from supplier marketing communications within 24 hours.

