Weekend Market Report – May 01, 2022

Weekend Market Report – May 01, 2022

This week we start with some charts showing the lack of flexibility in the gas markets. Before last year we could pull a few different levers to get the gas market back in check if we were severely tight or loose. All these levers were mainly driven by market prices...
Daily Market Report – Apr 29, 2022

Daily Market Report – Apr 29, 2022

The EIA reported a +40 Bcf injection for the week ending Apr 22th, which came in line with market estimates. This storage report takes total level to 1490 Bcf, which is 406 Bcf less than last year at this time and 305 Bcf below the five-year average of 1,667 Bcf....

Daily Market Report – Apr 28, 2022

For today’s storage report our final projection is +38 Bcf (average of S/D +36 and Flow +39). The current Bloomberg survey is +38 and Bloomberg whisper is currently at +40 (the whisper is the average of the 17 top analysts). Here are the...
Daily Market Report – Apr 27, 2022

Daily Market Report – Apr 27, 2022

Today’s Fundamentals Daily US natural gas production is estimated to be  93.9 Bcf/d this morning. Today’s estimated production is -0.88 Bcf/d to yesterday, and -2.6 Bcf/d to the 7D average. Production continues to struggle with both the SC and NE down...
Daily Market Report – Apr 26, 2022

Daily Market Report – Apr 26, 2022

Today’s Fundamentals Daily US natural gas production is estimated to be  94.2 Bcf/d this morning, which is the lowest level we have observed since early March. Today’s estimated production is -2.15 Bcf/d to yesterday, and -2.64 Bcf/d to the 7D average....