Replies to This Discussion

Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on July 30, 2026 at 5:21

Recent weekly storage reports from the U.S. Energy Information Administration (EIA) show natural gas injections for July 2026 ranging , reflecting strong domestic production and robust cooling demand. [1, 2, 3]

Weekly Storage Injections

• Week ended July 24: 28 Bcf injection (reported July 30)

• Week ended July 17: 32 Bcf injection (reported July 23)

• Week ended July 10: 41 Bcf injection (reported July 16)

• Week ended July 3: 61 Bcf injection (reported July 9) [1, 2, 3, 4, 5]

Market Conditions

• Total Inventory: Working gas in storage reached 3,056 Bcf as of mid-July, standing well above the five-year average.

• Production Rates: Domestic output held close to seasonal peak rates at roughly 111 Bcf/d, driven by high output from major shale plays. [1, 2, 3]

• ▶ Reply

Permalink Reply by Jesse Joyner on July 30, 2026 at 5:54

Yes, indeed.

Such a complex equation, Skip.

Note: The hot weather still seems to be in the driver's seat (needless to say) . . . even with the hard-to-understand LNG issues due to the Iranian war (who knows what's gonna happen with that dustup) . . . and with the brouhaha over NG fueling the data centers.

Hey, I made an "A" in calculus as a freshman at LSU . . . but I don't have a clue where this complex equation is headed. There are so many variables. Lots of variables to be calculated in this mess.

Thank you again for all that you do, Skip. Your honesty and helpful attitude has meant a lot to my family. Much appreciated.

  

• ▶ Reply

Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on July 30, 2026 at 6:01

You're welcome, Jesse.  July has been a strange month.  It should be a withdrawal month but it has had significant injection volumes.  The jury is out on future nat gas prices.  There is certainly more demand on the way but there is also significant supply increases in our future.  Which one will prevail is an open question.  Expands recent acquisition of Twin Eagles works into the equation.  EXE had 4 bcf of Gulf Coast storage before the acquisition.  Twin Eagles has 49 bcf of storage capacity and 1300 customers many electric utilities.  Storage can provide extra supply in times of need or be used to store gas when prices are low.  The increasing interest in nat gas storage will be a significant factor going into 2027.

• ▶ Reply