Daily Market Report – Mar 30, 2022

Daily Market Report – Mar 30, 2022

Today’s Fundamentals Daily US natural gas production is estimated to be  95.8 Bcf/d this morning. Today’s estimated production is -0.07 Bcf/d to yesterday, and -0.08 Bcf/d to the 7D average. Natural gas consumption is modelled to be 81.7 Bcf today, ...
Daily Market Report – Mar 28, 2022

Daily Market Report – Mar 28, 2022

Weather runs were overall bearish 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 next few days above normal at the national level but after that...
Weekend Market Report – Mar 27, 2022

Weekend Market Report – Mar 27, 2022

This week, we look at the Monthly Electric Generator Inventory EIA 860m dataset which monitors the current status of existing and proposed generating units at electric power plants. This monthly dataset (last published in Dec 2021) gives a good glimpse of the current...
Daily Market Report – Mar 25, 2022

Daily Market Report – Mar 25, 2022

Yesterday, the EIA reported a -51 Bcf withdrawal for the week ending Mar 18th, which came much lower than market estimates. Storage levels were reported to be 1389 Bcf. This report was tight but not as tight as the last few reports. We estimate this report was ~3.2...
Daily Market Report – Mar 24, 2022

Daily Market Report – Mar 24, 2022

For today’s storage report our final projection is -61 Bcf (S/D -61, Flow -66). The current Bloomberg survey is -59 and Bloomberg whisper is currently at -64 (the whisper is the average of the 17 top analysts). Here are the current ICE storage future settles as...