Daily Market Report – Apr 25, 2022

Daily Market Report – Apr 25, 2022

Weather runs were bearish overall from Friday’s 12Z run. Below is the change from Friday’s 12z which shows both models making the same directional move. Here is a look the latest outlook, which shows the overall forecast hovering very close to the 10Y normal past this...
Weekend Market Report – Apr 24, 2022

Weekend Market Report – Apr 24, 2022

This week we start by looking at some of the upcoming summer weather trends. So far April has been wildly variable the last few years, and this year is no exception. We had Nor’easters, blizzards in the plains, heavy rain, wind storms, heat waves, and the list...
Daily Market Report – Apr 22, 2022

Daily Market Report – Apr 22, 2022

The EIA reported a +53 Bcf injection for week ending Apr 15th, which came in much higher than market estimates. The report showed levels reaching 1450 Bcf, which is 399 Bcf less than last year at this time and 285 Bcf below the five-year average of 1,667 Bcf. We...

Daily Market Report – Apr 21, 2022

For today’s storage report our final projection is +45 Bcf (S/D +45, Flow +53). The current Bloomberg survey is +16 and Bloomberg whisper is currently at +20 (the whisper is the average of the 17 top analysts). Here are the current ICE storage...
Daily Market Report – Apr 20, 2022

Daily Market Report – Apr 20, 2022

Total power load is close to 5% higher this year relative to last year at the same time. As seen in the table below, the average US power demand over the last 30 days was 408 GWh (compared to 389 GWH LY, and 371 GWH 2Yrs ago). This along with lower coal availability...