Daily Market Report – April 22, 2021

Daily Market Report – April 22, 2021

For today’s storage report our final projection is +54 Bcf (S/D model points to a +54 Bcf injection, and our pipe scrape model shows a +59 Bcf injection) Here is the output of our scrape model:   The current Bloomberg survey is +47 and...
Daily Market Report – April 21, 2021

Daily Market Report – April 21, 2021

Production continues to decline with the Midcon and Rockies showing a 0.5 Bcf/d decline each in today’s data. Meanwhile the Northeast levels resumed back to March levels.     Today’s Fundamentals Daily US natural gas production is estimated to be  89.6...
Daily Market Report – April 20, 2021

Daily Market Report – April 20, 2021

The drop in production along with cooler than normal weather this week is sending nat gas prices higher. Lower 48 production dropped this week with pipeline maintenance constricting production across different basins. Various pipelines maintenance in the Northeast...
Daily Market Report – April 19, 2021

Daily Market Report – April 19, 2021

Both the GFS Ensemble and Euro Ensemble showed a similar weather changes to Friday’s 12z. The 1-5 got slightly cooler, while the forecast beyond that lost a few TDDs.     Today’s Fundamentals Daily US natural gas production is estimated to be  89.6...
Weekend Market Report – April 18, 2021

Weekend Market Report – April 18, 2021

This week we review the Maxar Summer 2021 forecast (discussed on enelyst this past week). Despite the cooling trend for the end of April, they show broadly a hotter than normal summer season with drought-affected areas in the West. The forecast is ~10% hotter than the...