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 production is -0.68 Bcf/d to yesterday, and -1.34 Bcf/d to the 7D average.
Natural gas consumption is modelled to be 69.7 Bcf today, +0.75 Bcf/d to yesterday, and -2.13 Bcf/d to the 7D average. US power burns are expected to be 35.2 Bcf today, and US ResComm usage is expected to be 7.9 Bcf.
Net LNG deliveries are expected to be 10.2 Bcf today.
Mexican exports are expected to be 7.4 Bcf today, and net Canadian imports are expected to be 0 Bcf today.
The storage outlook for the upcoming report is +19 Bcf (70 – 51 Bcf -> after PG&E Revision) today.
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ION-Energy-Daily-Report-June-14-2021.pdf