Daily Market Report – June 15, 2021

Today’s Fundamentals Daily US natural gas production is estimated to be  89.9 Bcf/d this morning. Today’s estimated production is -1.47 Bcf/d to yesterday, and -1.93 Bcf/d to the 7D average. We expect most the drop in production to revised higher in later...
Daily Market Report – June 14, 2021

Daily Market Report – June 14, 2021

Northeast production has remained strong despite the reduced N-to-S flows on TETCO. The region recovered back into the 34.5-35.0 Bcf/d range. Today’s Fundamentals Daily US natural gas production is estimated to be  90.7 Bcf/d this morning. Today’s estimated...
Weekend Market Report – June 13, 2021

Weekend Market Report – June 13, 2021

On Friday afternoon, I sent out a notice regarding PG&E reclassifying 51 Bcf of Working Gas into Cushion (Base) Gas. This change has already taken place on PG&E balances, as you will see below. Here is the full notice:...
Daily Market Report – June 11, 2021

Daily Market Report – June 11, 2021

Natgas prices spiked late yesterday with an update from TETCO on their 30″ system outage, citing that the permit to operate at normal pressures was revoked by the PHMSA due to “an anomaly feature that was identified during a recent EMAT tool run”...