by Research Reports | Nov 29, 2020
Happy Thanksgiving. This week we will review how industrial demand has continued to evolve this year with COVID slow-downs and shut-downs. The pipeline nomination gives us decent insight into daily industrial activity. This dataset allows us to roughly see 25%...
by Research Reports | Nov 25, 2020
Pipeline nomination data shows LNG feedgas levels jumping back to highs with Sabine jumping by 0.6 Bcf/d day-on-day, and Corpus Christie hitting a new record. At the beginning of the month, Cheniere stated that Corpus T3 was 96.7% complete. Today’s nomination data...
by Research Reports | Nov 24, 2020
Weather turned cooler overnight, with both models showing cooler temps starting this weekend. The GFS Ensemble added 13.5 HDDs, while the Euro Ensemble added 9.4 HDDs. The start of December is now expected to be cooler than the 10Y Normal. The chart below shows...
by Research Reports | Nov 23, 2020
Both the GFS Ensemble 00z and Euro Ensemble 00z runs showed a consistent move from Friday afternoon. Below is the change in the 1-13 day from Friday’s 12z run. The models showed warming in the 6-10 day range, and cooling in the 11+ day range. The start of December...
by Research Reports | Nov 22, 2020
This week we focus in on weather. The changes in the short-term weather forecast has taken natural gas prices through a wild journey in November so far. Since Oct 30th, the market has traded in a 76c range, with Friday’s close of $2.65 being 70c below the Oct 30th...
