Daily Market Report – May 11, 2022

Daily Market Report – May 11, 2022

Temps across much of the South and deep Northeast are expected to remain well above normal levels. The excess heat in these regions are going to lead to near peak-summer levels where we see strong power burns. Below is the forecast for the South Central storage region...
Daily Market Report – May 10, 2022

Daily Market Report – May 10, 2022

Today’s Fundamentals Daily US natural gas production is estimated to be  95.3 Bcf/d this morning. Today’s estimated production is -0.87 Bcf/d to yesterday, and -0.53 Bcf/d to the 7D average. The day-on-day loss was mainly out of the Northeast and Rockies...
Daily Market Report – May 09, 2022

Daily Market Report – May 09, 2022

Today’s Fundamentals Daily US natural gas production is estimated to be  96.3 Bcf/d this morning. Today’s estimated production is +0.37 Bcf/d to yesterday, and +0.46 Bcf/d to the 7D average. Bakken production was stable at 2.0 Bcf/d over the weekend...
Weekend Market Report – May 08, 2022

Weekend Market Report – May 08, 2022

This week we start by looking at industrial natural gas consumption for the current year and see how it compares to past years. Industrial usage accounts for roughly 27% of America’s natural gas consumption. Natural gas has a multitude of industrial uses,...