• Futures declined after the latest government report on gas stockpiles showed that storage is filling quickly
  • The U.S. Energy Information Administration reported an injection of 70 Bcf natural gas into storage for the Sept. 4 week
  • LNG feed gas flows approached 7 Bcf

Natural gas futures dropped lower Thursday after the latest government report on gas stockpiles showed that storage is filling quickly as cooler fall temperatures sweep over swaths of the Lower 48.

EIA storage sept. 4

The October Nymex contract settled at $2.323/MMBtu, down 8.3 cents day/day. November fell 7.5 cents to $2.798.

NGI’s Spot Gas National Avg. fell 15.5 cents to $1.860.

The U.S. Energy Information Administration (EIA) on Thursday reported an injection of 70 Bcf natural gas storage for the week ending Sept 4. The...