Happy storage day! The EIA reported that for the week ending June 20, 2025, 96 Bcf of gas was put into underground storage. Still just shy of the 100 Bcf mark, but well above the initial prediction of +88 Bcf. Storage inventories are now at 2,898 Bcf, the 5-year average being 3,094 Bcf. The next reporting week includes the major heatwave most of the US and Canada experienced, so next week’s report could be a bit light. Looking forward though, NOAA is expecting temperatures to be back to about normal by early July.

Wildfires in BC and Alberta have greatly diminished the past couple weeks. South of Mexico, there is a storm along the Pacific that has a strong chance of developing into a cyclone over the next 7 days, but for now, the natural gas infrastructure in the Gulf Coast looks to be safe.