- Natural gas is down -5.3c to $3.067/MMBtu. (As of 07:30 AM CDT)
- L48 weather forecasts shifted warmer this morning, as the late March period moves above the 10 year average
- Temperature gains were centered in the Northeast and Midwest in the 11-15 day period
- For the week ending 3/27, average temperatures are forecasted to be 55.9 °F, which is an increase from next weeks forecast of 51.2, but lower than this week at 57.7 °F
- Production slid -860 MMcf/d to 109.8 Bcf/d, as spring maintenance continues, losses centered in the South Central region (Criterion)
- LNG feedgas demand hit a two week high at 20.1 Bcf/d today
- Freeport recovery led the gains, as all three liquefaction trains are restored after a pretreatment system failure (Criterion)
- Golden Pass LNG yet to achieve production (S&P)
- Production startup for Golden Pass is still delayed as commissioning continues
- Although having the necessary US regulatory approval to start production, it will need to seek separate authorization from FERC to load its first cargo
- Golden Pass is still expected to be the largest source of new US liquefaction capacity in 2026
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