Daily Market Report – April 28, 2021

Daily Market Report – April 28, 2021

Today’s Fundamentals Daily US natural gas production is estimated to be  89.4 Bcf/d this morning. Today’s estimated production is -0.93 Bcf/d to yesterday, and -1.62 Bcf/d to the 7D average. Natural gas consumption is modelled to be 66 Bcf today, ...
Daily Market Report – April 27, 2021

Daily Market Report – April 27, 2021

Today’s Fundamentals Daily US natural gas production is estimated to be  88.8 Bcf/d this morning. Today’s estimated production is -2.21 Bcf/d to yesterday, and -2.06 Bcf/d to the 7D average. Today’s drop is led by the Northeast region. The pipeline...
Daily Market Report – April 26, 2021

Daily Market Report – April 26, 2021

U.S. LNG feedgas flows continue to remain above 11.5 Bcf/d. Starting today we do have some maintenance on the schedule though. Cheniere’s Corpus Christi is expecting some minor pipeline maintenance starting today that could impact flows by as much as 0.13 Bcf/d...
Weekend Market Report – April 25, 2021

Weekend Market Report – April 25, 2021

For this weekend’s report, we wanted to continue looking at the impacts of the renewable buildout on gas burns. It’s no surprise that the addition of wind and solar is bearish for nat gas usage, but was is surprising is the speed at which those generation...
Daily Market Report – April 23, 2021

Daily Market Report – April 23, 2021

The EIA storage report yesterday showed a lighter injection than expected for the 3rd week in a row. Working gas in storage was 1,883 Bcf as of Friday, April 16, 2021, according to EIA estimates. This represents a net increase of 38 Bcf from the previous week. Stocks...