Gulf Storm Lifts Gas Futures, but 3,024 Bcf Storage Cap Limits Rally

U.S. natural gas futures rose July 22 on Tropical Storm Bertha threatening the Gulf's gas-producing corridor. But storage stood at 3,024 Bcf as of July 10 (EIA), after a 41 Bcf weekly injection — a cushion that caps how long a brief outage can sustain prices. Traders are pricing storm probability, not confirmed supply loss.