by Research Reports | Mar 23, 2021
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...
by Research Reports | Mar 22, 2021
After seeing prices climb up on Friday afternoon, we see the markets open lower yesterday. Weather seems to be the culprit. Over the weekend, The 1-5 day forecast turned warmer while the 6-15 was relatively neutral. This was enough to keep the pressure on prices. The...
by Research Reports | Mar 21, 2021
This past week the EIA reported a -11 Bcf storage draw for the week ending March 12th. This was largely in line with the output of our S/D model, and market expectations. The one thing that this number did was confirms that industrial natural gas consumption was still...
by Research Reports | Mar 19, 2021
Yesterday the EIA reported a -11 Bcf storage draw for week ending March 12th. This was largely inline with the output of our S/D model, and helped confirm the lower industrial natural gas consumption. The lower industrial consumption is the one lingering impact of the...
by Research Reports | Mar 18, 2021
For today’s report our S/D model points to a -10 Bcf draw. As noted in the weekend report, the largest factor in the low draw this week comes from weather continuously warming up as we approach spring and the large amount of industrial and oil refinery consumption...