by Research Reports | Jul 27, 2020
As seen in the chart below, L48 temps typically hit their peak in the last week of July after which CDDs start to decline. In today’s 00z run, both the GFS Ensemble and ECMWF Ensemble show that trend and further cooled in the 6-10 day and 11-15 day range from Sunday’s...
by Research Reports | Jul 26, 2020
Western Canada has long been a critical natural gas producing region and supplier to the US. The rise of US shale and associated-gas from oil plays has put substantial pressure on Canadian production and pricing over the past decade. Despite increased competition and...
by Research Reports | Jul 24, 2020
Yesterday, the EIA reported at 37 Bcf injection which was inline with expectation. Although the EIA report was neutral, nat gas prices jumped post-report. The August Nymex contract climbed 10.4 cents day/day and settled at $1.796/MMBtu. September rose 11.7 cents to...
by Research Reports | Jul 23, 2020
Both the GFS Ensemble and ECMWF Ensemble showed similar changes in today’s 00z vs the previous day. The front end of the range showed slightly cooler temps, while some more heat showed up in the back 11-15 day forecast. Despite the forecast generally cooling over the...
by Research Reports | Jul 22, 2020
Natural gas prices are lower this morning with both the Euro Ensemble and GFS Ensemble pointing to cooler temp in the overnight runs. The 00z run lost CDDs in both the 6-10 and 11-15 day range. For this week’s storage report our estimates...
