
- September Nymex natural gas settled up 2.29% as record heat forecasts across the US increased expected electricity demand for air conditioning.
- US gas inventories rose by 15 bcf for the week ended August 21, below the five-year average build of 33 bcf, supporting near-term prices.
- Residents expressed mixed but mostly curious reactions to SoftBank Group-backed plans for a 770-acre Ohio gas-fired power plant intended to serve an AI data center.
- Medium-term supply remains a counterweight: EIA projects US gas storage at 3,985 bcf by end-October, the highest level in 10 years and 5% above the five-year average.