- Natural gas futures fell for a second straight week, with September breaking below $3 support and settling at $2.99 per MMBtu.
- Storage inventories rose just 7 Bcf amid late-July heat, but a much larger build is expected for the next report after a stretch of unseasonably mild weather.
- LNG exports jumped 1.3 Bcf per day to a new summer high as Plaquemines ramped feedgas above 3 Bcf per day.
- The temperature outlook calls for another round of widespread heat to persist over the next two weeks, lifting cooling demand from last week’s lows.
