Weather

6-10 Day Outlook For Sep 19 - 23 2026 map

8-14 Day Outlook For Sep 21 - 27 2026 map

Gas-weighted HDD, next 7 days: 7 total (2, 2, 1, 0, 0, 1, 1)

Pop-weighted CDD, next 7 days: 57 total (8, 8, 8, 9, 9, 8, 7)

HDD/CDD vs. normal: no free source (CPC normals file not located; forecast level shown instead)

Natural gas

Henry Hub front month $2.83 (-0.1%, 0.1σ)

↳ Henry Hub remains near $2.83 with cooler weather supporting prices toward $3 while Appalachian supply enters curtailment season, though steady LNG export demand and U.S. oversupply conditions are offsetting factors.

Front/second (V26/X26): -0.152 - contango

Widow-maker H27/J27: +0.128 (H 2.887 / J 2.759)

Storage 3254 Bcf (+40 w/w, +114 vs 5-yr, -79 vs yr-ago)

Production (marketed, monthly proxy 2026-06): 123.6 Bcf/d, +4.6% y/y

Regional basis (Waha, Algonquin, SoCal, TZ6, AECO): no free source (no free daily marks)

LNG feedgas noms (Sabine, Corpus, Freeport, Plaquemines): no free source (pipeline EBB data is paid)

Power burn (daily): no free source (weekly/monthly only)

Power

ERCOT North DA $41.09 (prev $45.78) - heat rate 14.5 (prev 16.2) - spark $19.86 (prev $24.52)

PJM West DA $60.32 (prev $67.80) - heat rate 21.3 (prev 23.9) - spark $39.09 (prev $46.54)

CAISO SP15 DA $52.92 (prev $84.12) - heat rate 18.7 (prev 29.7) - spark $31.69 (prev $62.87)

Global gas & carbon

TTF €79.52/MWh (~$26.94/MMBtu) -3.1% (-3.1%, 1.2σ)

JKM $24.89/MMBtu +0.3%

Cargo arb JKM−HH: $22.05/MMBtu; TTF−HH $24.11

CCA / RGGI allowances: no free source (no free daily marks)

Crude

WTI $100.05 (-2.4%, 1.0σ)

Brent $104.61 (-2.8%, 1.2σ)

Energy equities

EQT $54.07 (-1.6%, 1.6σ)

↳ EQT Corp fell 1.6% with headlines focused on its long-term LNG deal implications and recent pullback toward 52-week lows, but no specific catalyst for today's decline is evident in the provided coverage.

NRG $113.46 (+1.6%, 0.5σ)

↳ NRG Energy rose 1.6% as analysts highlighted guidance and profitability despite the stock recently hitting 52-week lows, suggesting oversold conditions may be attracting buyers.

WMB $72.85 (+0.8%, 0.4σ)

↳ Williams Partners gained 0.8% following a note sale that repaid commercial paper and an acquisition that adds Haynesville pipeline capacity.

LNG $278.34 (+0.2%, 0.1σ)

↳ Cheniere Energy LNG stock rose 0.2% on support from strong LNG demand and interest from QatarEnergy seeking U.S. LNG supplies, with a consensus moderate buy rating from brokerages.

NVDA $218.29 (-0.0%, 0.0σ)

↳ NVIDIA traded essentially flat with no directional catalyst evident; headlines cover continued AI data center demand and chip supply developments but do not explain intraday price movement.

Quiet: AR -1.9% · RRC -1.5% · VST +0.9% · DVN +0.4% · CEG -0.4% · KMI -0.3% · TLN +0.4%