Weather

6-10 Day Outlook For Aug 18 - 22 2026 map

8-14 Day Outlook For Aug 20 - 26 2026 map

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

Pop-weighted CDD, next 7 days: 80 total (13, 12, 11, 10, 11, 12, 11)

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

Natural gas

Henry Hub front month $2.80 (+1.3%, 0.6σ)

↳ Henry Hub gained 1.3% as SpaceX's reported 3 Bcf/d AI power demand buildout added to supply tightness concerns, offsetting record US natural gas production guidance.

Front/second (U26/V26): -0.058 - contango

Widow-maker H27/J27: +0.140 (H 2.985 / J 2.845)

Storage 3117 Bcf (+33 w/w, +176 vs 5-yr, -13 vs yr-ago)

Production (marketed, monthly proxy 2026-05): 121.8 Bcf/d, +3.8% 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 $24.77 (prev $25.91) - heat rate 8.8 (prev 9.4) - spark $3.74 (prev $5.15)

PJM West DA $52.09 (prev $50.81) - heat rate 18.6 (prev 18.4) - spark $31.06 (prev $30.06)

CAISO SP15 DA $49.26 (prev $48.58) - heat rate 17.6 (prev 17.6) - spark $28.23 (prev $27.82)

Global gas & carbon

TTF €61.02/MWh (~$20.65/MMBtu) +3.9% (+3.9%, 0.9σ)

JKM $21.24/MMBtu +0.3%

Cargo arb JKM−HH: $18.44/MMBtu; TTF−HH $17.84

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

Crude

WTI $83.27 (+0.1%, 0.0σ)

Brent $88.98 (+0.1%, 0.0σ)

Energy equities

TLN $365.07 (+6.4%, 1.8σ)

↳ Talen Energy rallied 6.4% following raised guidance despite Q2 net loss, alongside analyst coverage from Zacks and a pending DEP meeting on power plant expansion.

NVDA $224.09 (+3.0%, 1.2σ)

↳ Nvidia advanced 3.0% on multiple AI infrastructure deployment wins including IREN's Exemplar Cloud status achievement on GB300 and Nebius-Vantage South Wales rollout plans.

KMI $31.73 (+0.8%, 0.7σ)

↳ Kinder Morgan rose 0.8% as the Western Gateway pipeline sanction by Phillips 66, Kinder Morgan, and HF Sinclair supported gas infrastructure growth narrative.

DVN $44.86 (-1.2%, 0.5σ)

↳ Devon Energy declined 1.2% despite Wells Fargo maintaining overweight and raising Q2 profit results, suggesting valuation concerns offset operational strength.

AR $37.48 (+1.1%, 0.4σ)

↳ Antero Resources gained 1.1% on broad insider accumulation and Siebert Williams Shank reaffirmation of buy rating, though no company-specific news drove the move.

Quiet: WMB +1.9% · RRC -1.2% · LNG +1.0% · VST +1.2% · EQT -0.6% · NRG +0.7% · CEG +0.1%