Today’s 00z run was mixed when compared to Friday’s 12z run. The GFS Ensemble showed cooling across the board, while the Euro Ensemble only showed cooling from GD 14 to GD16. The GFS Ensemble gained an over 17.2 GWHDDs, and the Euro Ensemble lost -3.8 GWGDDs. Below is the day by day change.
Today’s Fundamental:
Daily US natural gas production is estimated to be 91.9 Bcf/d this morning. Today’s estimated production is -0.6 Bcf/d to yesterday, and -0.32 Bcf/d to the 7D average.
Natural gas consumption is modelled to be 82.8 Bcf today, -5.94 Bcf/d to yesterday, and -8.57 Bcf/d to the 7D average. US power burns are expected to be 25.64 Bcf today, and US ResComm usage is expected to be 31.3 Bcf.
Net LNG deliveries are expected to be 10.6 Bcf today.
Mexican exports are expected to be 6.5 Bcf today, and net Canadian imports are expected to be 5.2 Bcf today.
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ION-Energy-Daily-Report-Mar-08-2021.pdf