https://www.instagram.com/vanessaclarkipai This is your Natural Gas podcast. Hey everyone, welcome to another episode of Daily Natural Gas Price Tracker with Vanessa Clark. I'm your host Vanessa, and today we're diving into the latest on natural gas prices, market moves, and what it all means for you. Right now, as of this morning, natural gas is trading at about 2.675 dollars per MMBtu, up a solid 5.48 percent or 0.139 dollars from yesterday, according to FX Empire data. That's a nice rally after prices dipped to around 2.52 dollars earlier in the week, levels we haven't seen since late October 2024, as reported by the American Gas Association. What's driving this? The EIA's latest storage report showed a build of just 79 billion cubic feet for the week ending April 24—smaller than the expected 83 billion—which is bullish for prices. Barchart notes this sparked Thursday's sharp surge of over 4 percent on June futures. Storage is now at 2,142 billion cubic feet, 7.7 percent above the five-year average, thanks to mild spring temps slowing demand and super-fast injections—nearly twice the normal pace. Production's easing a bit, down 1 percent month-to-date from March per S&P Global, but still up year-over-year. LNG feedgas demand is roaring at near-record 18.7 billion cubic feet per day, fueled by new U.S. export capacity amid global chaos. The Strait of Hormuz closure since late February has halted LNG flows there, spiking European TTF and Asian JKM prices six times higher than our Henry Hub—TTF hit 14.80 dollars recently, per EIA. Rig counts ticked up too, with natural gas rigs at 129, up 20 percent from last year, Baker Hughes says. Globally, war tensions keep international prices elevated, but here in the U.S., we've got plenty of supply keeping things stable. Key takeaway: Watch for cooler temps boosting power demand and potential coal-to-gas switches if prices stay low. Could tighten things up this summer. Thanks for tuning in, friends—subscribe, share, and catch you next time on Daily Natural Gas Price Tracker! For more http://www.quietplease.ai Check out Vanessa on Instagram https://www.instagram.com/vanessaclarkipai For some deals, check out https://amzn.to/4hSgB4r This content was created in partnership and with the help of Artificial Intelligence AI.