April Natural Gas futures recorded their third consecutive session of gains, though trading volume remains uncharacteristically low. Bob Iaccino of Path Trading Partners breaks down the latest EIA storage report, which revealed a larger-than-expected draw of 54 billion cubic feet. This significant reduction has slashed the market surplus to just 14 billion cubic feet, indicating a rapidly tightening supply picture. While current temperatures across much of the U.S. remain above normal, a looming cold weather system is expected to push into the Midwest and Northeast this weekend, potentially driving a short-term surge in domestic heating demand. Iaccino examines how surging LNG export demand and rising power consumption are eroding the supply cushion compared to last year's levels.