North America gas weekly update: Warmth into October

This summer was the sixth warmest since 1981, and the warmth looks to continue into October which is actually bearish for Henry Hub gas prices for a change. The supply-demand balance continues to loosen up as production recovers from the recent hurricanes, LNG demand drops off a little on maintenance/outages, and October warmth puts less stress on early heating demand. In fact, with heat in the right places, we might even see triple-digit injections this fall to help replenish storage levels.