The overnight runs were almost unchanged relative to yesterday’s 12Z run. Both models lost less than 2HDD.
Today’s Fundamentals
Daily US natural gas production is estimated to be 90.5 Bcf/d this morning. Today’s estimated production is -0.41 Bcf/d to yesterday, and -0.66 Bcf/d to the 7D average.
Natural gas consumption is modelled to be 106.3 Bcf today, +2.34 Bcf/d to yesterday, and +13.1 Bcf/d to the 7D average. US power burns are expected to be 26.94 Bcf today, and US ResComm usage is expected to be 45.2 Bcf.
Net LNG deliveries are expected to be 10.6 Bcf today.
Mexican exports are expected to be 6.4 Bcf today, and net Canadian imports are expected to be 6.6 Bcf today.
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ION-Energy-Daily-Report-Dec-15-2020.pdf