Daily Market Report – May 06, 2022

Daily Market Report – May 06, 2022

The EIA reported a +77 Bcf injection for the week ending Apr 29th, which came in much above market estimates. This storage report takes the total level to 1567 Bcf, which is 382 Bcf less than last year at this time and 306 Bcf below the five-year average of 1,873...
Daily Market Report – May 05, 2022

Daily Market Report – May 05, 2022

For today’s storage report our final projection is +72 Bcf (S/D +72 and Flow +72). There is the possibility of a higher injection in the East this week, in the case that last week’s 0 Bcf estimate for the East was understated. We could see some make up in...
Daily Market Report – May 04, 2022

Daily Market Report – May 04, 2022

Today’s Fundamentals Daily US natural gas production is estimated to be  94.8 Bcf/d this morning. Today’s estimated production is -0.62 Bcf/d to yesterday, and -0.92 Bcf/d to the 7D average. Production once again weakened in the Northeast and the South...
Daily Market Report – May 03, 2022

Daily Market Report – May 03, 2022

Today’s Fundamentals Daily US natural gas production is estimated to be  94.7 Bcf/d this morning. Today’s estimated production is -1.49 Bcf/d to yesterday, and -0.91 Bcf/d to the 7D average. Production cant catch a break. Today’s drop comes from the...
Daily Market Report – May 02, 2022

Daily Market Report – May 02, 2022

Today’s Fundamentals Daily US natural gas production is estimated to be  95.8 Bcf/d this morning. Today’s estimated production is +0.44 Bcf/d to yesterday, and +0.15 Bcf/d to the 7D average. Bakken production continued to resume over the weekend,...