Do You Smell That...Natural Gas Burning!

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Recent Trends: The Energy Information Administration (EIA) reported the seventh consecutive weekly gain in inventories since late April, indicating a steady buildup ahead of summer demand.

Regional Highlights:

East: 340 Bcf

Midwest: 396 Bcf

Mountain: 166 Bcf

Pacific: 199 Bcf

South Central: 658 Bcf

Next inventory report is June 12 2025

June 5 - 122B Build
May 29 - 101B build
May 22 - 120B Build

These last builds have come in higher than consensus andd price is still holding.

A weekly Bullish cross of the 7 / 20 MA is about to occur. This indicates high provability of higher prices on the next few months if this can hold above the key MA's.

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