Daily Market Report – Oct 19, 2022

Daily Market Report – Oct 19, 2022

The natgas front month continues to slide this morning with the recent loose nature of the market and upcoming bearish weather trends. This past weekend the GFS Ensemble saw a big shirt warmer, specifically down the East coast that. It today’s 00z run, that was...
Daily Market Report – Oct 18, 2022

Daily Market Report – Oct 18, 2022

Today’s Fundamentals Daily US natural gas production is estimated to be  100.6 Bcf/d this morning. Today’s estimated production is -1.04 Bcf/d to yesterday, and -0.24 Bcf/d to the 7D average. The big drop in production today comes from multiple regions....
Daily Market Report – Oct 17, 2022

Daily Market Report – Oct 17, 2022

This morning the front month contract hovers near $6 with bearish weather changes over the weekend lower overall gas consumption needs as we head into winter. Since Friday’s 12z, the GFS Ensemble saw the biggest change with over 22 HDDs shed. The Euro Ensemble also...
#NatGas Weekend Market Report – October 16, 2022

#NatGas Weekend Market Report – October 16, 2022

This week we start with a few charts on wind performance. Wind generation is becoming more important to gas burn levels each month as more wind generation comes online. 2020 and 2021 saw large with large federal subsidies offered to developers. These subsidies...
Daily Market Report – Oct 14, 2022

Daily Market Report – Oct 14, 2022

The EIA reported a +125 Bcf injection for week ending Oct 7th, which came in slightly lower than our estimate of +130. This storage report takes the total level to 3231 Bcf, which is 126 Bcf less than last year at this time and 221 Bcf below the five-year...