Natural gas futures for November delivery settled near $3.22 per MMBtu on October 9, 2026, after climbing to a two-week high of $3.28 amid Hurricane Isaias shutting in roughly 57% of Gulf of Mexico gas output. High storage inventories—up 85 Bcf to 3,500 Bcf the prior week and above the five-year average—continue to exert downward pressure, while robust LNG export demand provides a floor. The EIA’s October 15 storage report and post-storm weather patterns represent the primary near-term catalysts, with production recovery and any demand destruction from outages likely to influence price action during the October 12 week. Traders are monitoring technical resistance near $3.30–$3.32 against support at the 200-day moving average around $3.11.