Daily Market Report – Oct 07, 2022

Daily Market Report – Oct 07, 2022

The EIA reported a repeat +129 Bcf injection for the week ending Sept 30th, which came in much higher than our estimate of +121. This storage report takes the total level to 3106 Bcf, which is 165 Bcf less than last year at this time and 264 Bcf below the...
Daily Market Report – Oct 06, 2022

Daily Market Report – Oct 06, 2022

For week ending Sept 30th, the S/D storage is pointing to a +122 Bcf, while our flow model is at +121 Bcf injection.  LY we injected +114 Bcf during the same week. For our final estimate, we are going to line ourselves up with the +121 Bcf from...
Daily Market Report – Oct 05, 2022

Daily Market Report – Oct 05, 2022

The power outages are now at 320k in Florida according to PowerOutage.us. The impacts of the storm are almost completely gone a week after making landfall. The Atlantic is surprisingly quite going at the moment, which puts this season at one of the least active on...
Daily Market Report – Oct 04, 2022

Daily Market Report – Oct 04, 2022

According to PowerOutage.us, there now 433k customers without power. This works out to roughly 4% of customers. The pipeline flow data is still pointing to a more severe level of demand destruction. According to pipeline deliveries to power plants, there is...
Daily Market Report – Oct 03, 2022

Daily Market Report – Oct 03, 2022

  Today’s Fundamentals Daily US natural gas production is estimated to be 102.6 Bcf/d this morning. Today’s estimated production is -0.59 Bcf/d to yesterday, and +0.59 Bcf/d to the 7D average. The strength in production over the weekend looks to be...