NYMEX futures continued to fall today, down another 12 cents in the August front month, which settled at $3.21 US/mm. Meanwhile, some heat is expected in the North Eastern US over next week.

Expectations for tomorrow’s storage report is for an injection of about 58 Bcf, up from last week’s report of 55 Bcf. Despite the heat as of late causing injections to decrease, the 5-year average for this time of year is 53 Bcf, so the US is still on track. According to Reuters, more gas than usual has been put into storage for an 11th time over 12 weeks during the week ending July 4. Stay tuned.