BREAKING: U.S. EIA reports a highball 33 Bcf injection into storage inventories for week ending July 31

Natural gas futures on steadier foot after wild two-day rally

Analysts say stronger pricing may be here to stay

Transwestern force majeure drags Permian cash lower

After a two-day rally that added roughly 40 cents to the price of September natural gas, Nymex futures stalled Wednesday as recent cooler shifts in the weather data were too much to ignore. The September Nymex contract settled two-tenths of a cent lower at $2.191. October was nearly unchanged at $2.331.

Spot gas prices also showed signs of cracking, with NGI’s Spot Gas National Avg. down 1.0 cents to $1.910.