Core Insights - Natural gas prices have declined to a one-week low due to a higher-than-expected increase in weekly stockpiles, with inventories rising by 71 billion cubic feet (bcf) for the week ending September 5, surpassing expectations of 68 bcf and the five-year average of 56 bcf [1][6] Production and Demand - US natural gas production is at a near-record high, with the EIA raising its 2025 production forecast by 0.2% to 106.63 bcf/day from the previous estimate of 106.40 bcf/day [3] - As of Thursday, US (lower-48) dry gas production was reported at 107.3 bcf/day, reflecting a year-over-year increase of 7.0% [4] - Lower-48 state gas demand was recorded at 71.7 bcf/day, showing a slight decline of 1.2% year-over-year [4] Weather Impact - Forecasts indicate warmer weather in the US, which is expected to increase natural gas demand from electricity providers due to higher air conditioning usage [2] - The Edison Electric Institute reported a year-over-year increase in US electricity output of 1.03% to 83,003 GWh for the week ending September 6, and a 2.97% increase to 4,264,559 GWh over the past 52 weeks [5] Inventory Levels - As of September 5, natural gas inventories were down 1.3% year-over-year but were 6.0% above the five-year seasonal average, indicating sufficient supply levels [6] - European gas storage was reported to be 80% full as of September 9, compared to the five-year seasonal average of 86% for this time of year [6]

Group 1 - October Nymex natural gas prices closed down by $0.088, a decrease of 2.82%, due to expectations of increased US gas inventories in the near term [1] - Seasonal pipeline maintenance along the Gulf Coast is expected to lead to a decline in natural gas exports, which will increase supplies in storage [1] - The EIA's weekly report anticipates a rise of 69 billion cubic feet (bcf) in natural gas inventories for the week ending September 5, surpassing the five-year average increase of 56 bcf [1] Group 2 - Warmer weather forecasts in the US are expected to limit the downside for natural gas prices, as increased demand from electricity providers is anticipated due to higher air conditioning usage [2] - Forecasts indicate above-normal temperatures in the Midwest and East for the period of September 15-24 [2] Group 3 - US natural gas production has recently been a bearish factor for prices, with the EIA raising its 2025 production forecast by 0.2% to 106.63 bcf/day [3] - Current US natural gas production is near record highs, with active rigs reaching a two-year high [3] Group 4 - US dry gas production was reported at 107.2 bcf/day, reflecting a year-over-year increase of 5.9% [4] - Lower-48 state gas demand was recorded at 70.6 bcf/day, showing a year-over-year decrease of 2.0% [4] - Estimated LNG net flows to US export terminals were 14.4 bcf/day, down 5.8% week-over-week [4] - US electricity output rose by 1.03% year-over-year to 83,003 GWh for the week ending September 6, and increased by 2.97% year-over-year to 4,264,559 GWh over the past 52 weeks [4] - Natural gas inventories increased by 55 bcf for the week ending August 29, aligning with market consensus and above the five-year weekly average of 36 bcf [4] - As of August 29, natural gas inventories were down 2.2% year-over-year but 5.6% above the five-year seasonal average, indicating sufficient supplies [4] - European gas storage was reported to be 79% full as of September 7, compared to the five-year seasonal average of 86% [4]

Back. Dom Chu has today's ETF edge. Dom, tell us more.>> All right, so Judge, raw oil and nat gas are the subject to headline volatility in these days. But if you still want exposure, but with some more stability, energy energy infrastructure might actually be the way to go. Joining me now is Paul Bayaki, the head of fund sales and strategy over at SSNC Alps Advisors.Uh Paul, this is an interesting trade right now. The Aaran MLP ETF is celebrating its 15th anniversary this month. What is that ETF and how do ...

Group 1 - Natural gas prices are currently range bound due to excessive production, with recent production levels reaching 112.5 billion cubic feet (bcf) per day, slightly above past daily highs of 111 bcf [1] - The increase in production has significantly impacted storage levels, indicating a potential oversupply in the market [1]