Lower 48 production dropped this morning with pipeline maintenance work in both the Northeast & South Central. The Northeast drop of 0.8 Bcf/d was tied to REX, and the South Central drop of 1.1 Bcf/d looks to be tied to work on Gulf South.

 

REX maintenance notice. (St. Paul is on the border of OH and Indiana; hence restricting REX westbound flows.)

 

 

Gulf South maintenance notice.

 

 

 

 

 

 

Today’s Fundamentals:

Daily US natural gas production is estimated to be  90.7 Bcf/d this morning. Today’s estimated production is -2.36 Bcf/d to yesterday, and -2.1 Bcf/d to the 7D average.

Natural gas consumption is modelled to be 72.2 Bcf today,  -0.76 Bcf/d to yesterday, and -9.19 Bcf/d to the 7D average. US power burns are expected to be 24.54 Bcf today, and US ResComm usage is expected to be 21.7 Bcf.

Net LNG deliveries are expected to be 11.5 Bcf today.

Mexican exports are expected to be 6.7 Bcf today, and net Canadian imports are expected to be 4.4 Bcf today.

 

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