The EIA reported the first withdraw of the season of -134 Bcf which was much higher than the predicted -113 Bcf.  Last year’s withdraw was -42 Bcf and the 5-year average is -25 Bcf.  Today’s withdraw widened the storage deficit …

SummerRR

Monday Musings ……

 

We saw the Nymex prompt month climb over $.30 last week due to record setting storage withdraws, market constraints and weather models coming in colder for February.  So, if you are in a market that has …

SummerRR

The EIA reported a net gas storage INJECTION of 2 Bcf for the week ending December 1, 2017. This was bearish to market expectations which were centered around a 3 Bcf withdraw. A year ago, we saw a withdraw of …

SummerRR

The EIA reported a net gas storage injection of 72 BCF this morning for the week ending June 30, 2017. This week’s report was above the market’s expectation which was centered around a 50 BCF injection. It is bearish against …

SummerRR