Daily Market Report – June 21, 2021

Daily Market Report – June 21, 2021

The GFS Ensemble and Euro Ensemble are lined up for the first half of the 15 day outlook, after which the GFS Ensemble shows a lot more heat. Both models do show more heat than the 10Y normal, but the GFS Ensemble shows a very strong start to July. The extreme heat is...
Weekend Market Report – June 20, 2021

Weekend Market Report – June 20, 2021

This weekend’s commentary comes from Brian Lovern at Bespoke Weather. Our expectation remains for another hot summer this year, and we have definitely gotten off to a hotter start early on, with June being projected to rank in the top three hottest Junes on...

Daily Market Report – June 18, 2021

Today’s Fundamentals Daily US natural gas production is estimated to be  90.6 Bcf/d this morning. Today’s estimated production is -1.34 Bcf/d to yesterday, and -1.31 Bcf/d to the 7D average. Natural gas consumption is modelled to be 73.1 Bcf today, ...
Daily Market Report – June 17, 2021

Daily Market Report – June 17, 2021

For today’s storage report our final projection is +69 Bcf with an expected 51 Bcf PG&E revision lower. (S/D @ +69, Scrape @ +74) The current Bloomberg survey is +71 and Bloomberg whisper is +69 (the whisper is the average of the 17 top...
Daily Market Report – June 16, 2021

Daily Market Report – June 16, 2021

Today’s Fundamentals Daily US natural gas production is estimated to be  89.8 Bcf/d this morning. Today’s estimated production is -1.48 Bcf/d to yesterday, and -2.02 Bcf/d to the 7D average. These figures are typically revised higher by 1.5 Bcf/d in late...