The 00z weather runs warmed up over night in comparison to yesterday’s 12z run. The biggest change was in the Euro Ensemble 11-15 day period which lost 12 GWHDDs.
The two models are not aligned, but show a very similar trend. The Euro Ensemble shows 43 fewer GWHDDs over the next 15 days.
Today’s Fundamentals
Daily US natural gas production is estimated to be 90.6 Bcf/d this morning. Today’s estimated production is -1.48 Bcf/d to yesterday, and -1.37 Bcf/d to the 7D average.
Natural gas consumption is modelled to be 114.1 Bcf today, -5.74 Bcf/d to yesterday, and -2.63 Bcf/d to the 7D average. US power burns are expected to be 28.84 Bcf today, and US ResComm usage is expected to be 49.2 Bcf.
Net LNG deliveries are expected to be 10.6 Bcf today.
Mexican exports are expected to be 6.3 Bcf today, and net Canadian imports are expected to be 6.2 Bcf today.
Mexican exports are expected to be 6 Bcf today, and net Canadian imports are expected to be 5.9 Bcf today.
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ION-Energy-Daily-Report-Feb-9-2021.pdf