Natural Gas Steady with Support from Texas Heat

Dow Jones07-21 21:33

0933 ET - U.S. natural gas futures are little changed in early trading, with triple-digit heat in Texas heat likely to support power-sector demand. The possible impact of tropical storm Bertha is mixed as the system moves along the Gulf coast, with potential for offshore production declines but also risks to LNG exports and cooling rains, Eli Rubin of EBW Analytics says in a note. Offshore natural gas production loss from the storm could be between 4.4 Bcf and 6 Bcf, according to estimates by Earth Science Associates. The consulting firm estimates lost oil production between 1.4 and 5.4 million barrels. Nymex natural gas is off 0.1% at $2.858/mmBtu.(anthony.harrup@wsj.com)

 

(END) Dow Jones Newswires

July 21, 2026 09:33 ET (13:33 GMT)

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