Daily Market Report – Sep 20, 2022

Daily Market Report – Sep 20, 2022

Today’s Fundamentals Daily US natural gas production is estimated to be  99 Bcf/d this morning. Today’s estimated production is -1.92 Bcf/d to yesterday, and -1.25 Bcf/d to the 7D average. Natural gas consumption is modelled to be 76.2 Bcf today, ...
Daily Market Report – Sep 19, 2022

Daily Market Report – Sep 19, 2022

This mornings weather runs vs Friday’s 12z were quite bearish. The GFS Ensemble saw 11+ CDDs disappear, while the Euro Ensemble saw 8+ CDDs disappear. With the lower temps comes less power demand, which good timing for the maintenance season starting for Nuke,...
#NatGas Weekend Market Report – September 18, 2022

#NatGas Weekend Market Report – September 18, 2022

This past week the natgas market observed some wild price swings, but this time it had nothing to do with Freeport LNG. The main trigger was the potential rail strike that would have halted rail service nationwide which would have wreaked havoc and caused supply chain...
Daily Market Report – Sep 16, 2022

Daily Market Report – Sep 16, 2022

The EIA reported a +77 Bcf injection for the week ending Sept 9th, which came in slightly higher than our estimate of +74. This storage report takes the total level to 2994 Bcf, which is 223 Bcf less than last year at this time and 354 Bcf below the five-year...
Daily Market Report – Sept 15, 2022

Daily Market Report – Sept 15, 2022

For week ending Sept 9th, the S/D storage is pointing to a +82 Bcf, while our flow model is at +74 Bcf injection.  LY we injected +78 Bcf during the same week. For our final estimate, we are going to line ourselves up with the +74 Bcf from the...