Daily Market Report – Nov 2, 2021

Daily Market Report – Nov 2, 2021

The forecast continued to move warmer it today’s 00z forecast. Today the GFS Ensemble played a little catch up to the Euro Ensemble’s week runs. The GFS Ensemble saw significant heating in the Midwest and East past this week leading to forecast that shows above normal...
Daily Market Report – Nov 1, 2021

Daily Market Report – Nov 1, 2021

The Euro Ensemble warmed significantly over the weekend across all regions in the US. Overall temps were +14 degrees warmer to start the month. The GFS Ensemble did not make the same type of move, but both models are starting to once again point to a warm start to...
Weekend Market Report – Oct 31, 2021

Weekend Market Report – Oct 31, 2021

This week we look at natural gas generation’s role in the overall power stack. The traditional role of coal and gas switching in the power stack to manage gas consumption and inventory levels through price signals has broken down this past summer. Here is a...
Daily Market Report – Oct 29, 2021

Daily Market Report – Oct 29, 2021

The EIA reported a +87 Bcf injection for week ending Oct 22, which was inline with the consensus. This is now the 6 week in a row where the injection exceeded both LY and the 5Yr average injection levels. For the reported week, the storage injections were highly...
Daily Market Report – Oct 28, 2021

Daily Market Report – Oct 28, 2021

For today’s storage report our final projection is +91 Bcf  (S/D @ +91, Scrape @ +89). The current Bloomberg survey is +86 and Bloomberg whisper is currently at +86 (the whisper is the average of the 17 top analysts). Here are the current...