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EIA Natural Gas Storage Report 8-6-20

Aug 6, 2020
1 min

EIA Natural Gas Storage Report 8-6-20

EIA Natural Gas Storage Report 8-6-20 Working gas in storage was 3,274 Bcf as of Friday, July 31, 2020, according to EIA estimates. This represents a net increase of 33 Bcf from the previous week. Stocks were 601 Bcf higher than last year at this time and 429 Bcf above the five-year average of 2,845 Bcf. At 3,274 Bcf, the total working gas is within the five-year historical range. Analyst expect today’s EIA weekly storage report to come in at about 31 Bcf. This is higher than

EIA Natural Gas Storage Report 7-30-20

Jul 30, 2020
1 min

EIA Natural Gas Storage Report 7-30-20

EIA Natural Gas Storage Report 7-30-20 Working gas in storage was 3,241 Bcf as of Friday, July 24, 2020, according to EIA estimates. This represents a net increase of 26 Bcf from the previous week. Stocks were 626 Bcf higher than last year at this time and 429 Bcf above the five-year average of 2,812 Bcf. At 3,241 Bcf, the total working gas is within the five-year historical range. Analyst anticipate to see a build of 25 bcf, which is 31 bcf smaller than a year ago and 8 bcf

EIA Natural Gas Storage Report 7-23-20

Jul 23, 2020
1 min

EIA Natural Gas Storage Report 7-23-20

EIA Natural Gas Storage Report 7-23-20 Working gas in storage was 3,215 Bcf as of Friday, July 17, 2020, according to EIA estimates. This represents a net increase of 37 Bcf from the previous week. Stocks were 656 Bcf higher than last year at this time and 436 Bcf above the five-year average of 2,779 Bcf. At 3,215 Bcf, total working gas is within the five-year historical range. The EIA reported an injection of 37 bcf which is equal to the avg analyst expectations of 37 bcf. S

EIA Natural Gas Storage Report 7-16-20

Jul 16, 2020
1 min

EIA Natural Gas Storage Report 7-16-20

EIA Natural Gas Storage Report 7-16-20 Working gas in storage was 3,178 Bcf as of Friday, July 10, 2020, according to EIA estimates. This represents a net increase of 45 Bcf from the previous week. Stocks were 663 Bcf higher than last year at this time and 436 Bcf above the five-year average of 2,742 Bcf. At 3,178 Bcf, the total working gas is within the five-year historical range. The EIA reported an injection of 45 bcf which is smaller than expectations of 50 bcf. Stocks we

EIA Natural Gas Storage Report 7-09-20

Jul 9, 2020
1 min

EIA Natural Gas Storage Report 7-09-20

EIA Natural Gas Storage Report 7-09-20 Working gas in storage was 3,133 Bcf as of Friday, July 3, 2020, according to EIA estimates. This represents a net increase of 56 Bcf from the previous week. Stocks were 685 Bcf higher than last year at this time and 454 Bcf above the five-year average of 2,679 Bcf. At 3,133 Bcf, the total working gas is within the five-year historical range. The EIA reported an injection of 56 bcf which is higher than expectations of 56 bcf. 65 bcf from

EIA Natural Gas Storage Report 6-25-20

Jun 25, 2020
1 min

EIA Natural Gas Storage Report 6-25-20

EIA Natural Gas Storage Report 6-25-20 Working gas in storage was 3,012 Bcf as of Friday, June 19, 2020, according to EIA estimates. This represents a net increase of 120 Bcf from the previous week. Stocks were 739 Bcf higher than last year at this time and 466 Bcf above the five-year average of 2,546 Bcf. At 3,012 Bcf, the total working gas is within the five-year historical range. The EIA reported an injection of 120 bcf which is higher than expectations of 107 bcf. This is

EIA Natural Gas Storage Report 6-18-20

Jun 18, 2020
1 min

EIA Natural Gas Storage Report 6-18-20

EIA Natural Gas Storage Report 6-18-20 Working gas in storage was 2,892 Bcf as of Friday, June 12, 2020, according to EIA estimates. This represents a net increase of 85 Bcf from the previous week. Stocks were 722 Bcf higher than last year at this time and 419 Bcf above the five-year average of 2,473 Bcf. At 2,892 Bcf, the total working gas is within the five-year historical range. July natural gas NGN20,0.79% was down 1.3 cents, or 0.8%, at $1.625 per million British thermal

EIA Natural Gas Storage Report 6-11-20

Jun 11, 2020
1 min

EIA Natural Gas Storage Report 6-11-20

EIA Natural Gas Storage Report 6-11-20 Working gas in storage was 2,807 Bcf as of Friday, June 5, 2020, according to EIA estimates. This represents a net increase of 93 Bcf from the previous week. Stocks were 748 Bcf higher than last year at this time and 421 Bcf above the five-year average of 2,386 Bcf. At 2,807 Bcf, the total working gas is within the five-year historical range. Analyst expect the EIA to report 2,801 bcf of working gas in storage for the week ending June 5

EIA Natural Gas Storage Report 6-04-20

Jun 5, 2020
1 min

EIA Natural Gas Storage Report 6-04-20

EIA Natural Gas Storage Report 6-04-20 Working gas in storage was 2,714 Bcf as of Friday, May 29, 2020, according to EIA estimates. This represents a net increase of 102 Bcf from the previous week. Stocks were 762 Bcf higher than last year at this time and 422 Bcf above the five-year average of 2,292 Bcf. At 2,714 Bcf, the total working gas is within the five-year historical range. Both the 12- and 24-month strip prices rose slightly from last week, settling at $2.147/Dth and

EIA Natural Gas Storage Report 2-06-20

Feb 6, 2020
1 min

EIA Natural Gas Storage Report 2-06-20

EIA Natural Gas Storage Report 2-20-20 The U.S. Energy Information Administration reported Thursday that working gas in storage was 2,609 Bcf as of Friday, January 31, 2020, according to EIA estimates. This represents a net decrease of 137 Bcf from the previous week. Stocks were 615 Bcf higher than last year at this time and 199 Bcf above the five-year average of 2,410 Bcf. At 2,609 Bcf, the total working gas is within the five-year historical range. Analysts expected a dra

EIA Natural Gas Storage Report 12-19-19

Dec 19, 2019
1 min

EIA Natural Gas Storage Report 12-19-19

EIA Natural Gas Storage Report 12-19-19 The U.S. Energy Information Administration reported Thursday that domestic supplies of natural gas fell by 107 billion cubic feet for the week ended Dec. 13. Analysts expected a fall of 93 billion cubic feet, on average, according to a survey conducted by S&P Global Platts. Total stocks now stand at 3.411 trillion cubic feet, up 618 billion cubic feet from a year ago, but 9 billion cubic feet below the five-year average, the government

EIA Natural Gas Storage Report 08-23-18

Aug 23, 2018
2 min

EIA Natural Gas Storage Report 08-23-18

In the days leading up to today's EIA Natural Gas storage report Natural gas wholesale contracts are inching higher early Wednesday just slightly below last week’s top at $2.979. Natural gas prices rose on Tuesday after the latest weather models showed early indications of hotter weather at the end of August and the early part of September. Tuesday, the September wholesale contract settled at $2.98, up $0.039 or +1.32%. The deferred wholesale contract strip of November to Ma

EIA Natural Gas Storage Report 03-22-18

Mar 22, 2018
2 min

EIA Natural Gas Storage Report 03-22-18

Natural gas wholesale contracts fell yesterday after the nor’easter failed to ignite natural gas prices on Wednesday. The April wholesale natural gas contract settled at $2.638, down $0.037 or -1.37%. Going into this storage report, a Reuters survey of traders and analysts pegged the average at -87 Bcf with a range of -77 Bcf to -99 Bcf. The first week of April is projected to be colder than normal with HDDs higher for the first five days. The end result is that storage is n

EIA Natural Gas Storage Report 03-15-18

Mar 15, 2018
2 min

EIA Natural Gas Storage Report 03-15-18

U.S. utilities likely withdrew 96 billion cubic feet (bcf) of natural gas from storage last week, about average for this time of year, a poll of analysts showed on Wednesday. That compared with a year-earlier decline of 55 bcf and a five-year average decrease of 97 bcf for the corresponding period. In the prior week ended March 2, utilities pulled 57 bcf out of storage. If correct, total stocks would fall to 1.529 trillion cubic feet (tcf), the lowest amount of gas in storage

EIA Natural Gas Storage Report 01-25-18

Jan 25, 2018
2 min

EIA Natural Gas Storage Report 01-25-18

The February wholesale contract rebounded by 32.4 cents this week to $3.509 Wednesday on the New York Mercantile Exchange after touching $3.628 the previous evening, the highest intraday price Dec. 2016. February gas touched a 50-cent premium to March, the most for this time of the year in exchange data going back to 1990. " With the move in wholesale contracts concentrated in the February contract, which expires on Jan. 29, the market “needs to get through” the major weekl

Natural gas inventories end heating season above five-year average

Apr 21, 2017
2 min

Natural gas inventories end heating season above five-year average

Working natural gas in storage as of March 31, the traditional end of the heating season, totaled 2,051 billion cubic feet (Bcf), or almost 15% above the five-year average according to EIA's Weekly Natural Gas Storage Report. The total inventory of U.S. natural gas in storage tends to follow seasonal patterns of injections through the summer and withdrawals during the winter. Unlike the 2015–2016 heating season’s extremely high levels of natural gas inventories due to mild we

EIA Natural Gas Storage Report 04-20-17

Apr 20, 2017
2 min

EIA Natural Gas Storage Report 04-20-17

Natural gas wholesale contracts were higher on Wednesday, bouncing off the prior session's three-week low as natural gas traders monitored shifting weather forecasts to assess the outlook for early-spring demand and supply levels. " Natural gas for May delivery tacked on 4.1 cents, or around 1.3%, to $3.1850 per million British thermal units. It lost 1.8 cents on Tuesday after hitting its lowest since March 29 at $3.114. " Weather patterns are expected to be rather bearish t

EIA Natural Gas Storage Report 03-30-17

Mar 30, 2017
2 min

EIA Natural Gas Storage Report 03-30-17

Natural gas wholesale contracts edged higher for the second session in a row on Wednesday, hitting the strongest level since early February as traders continued to monitor shifting early-spring weather forecasts. " Natural gas for May delivery rose to a daily peak of $3.231 and settled there yesterday, a level not seen since February 1. Weather systems will track across the country the next several days with rain, snow, and thunderstorms, but with limited cold air as they pla

EIA Natural Gas Storage Report 03-23-17

Mar 23, 2017
2 min

EIA Natural Gas Storage Report 03-23-17

Natural gas wholesale contracts fell for the first time in four sessions on Wednesday, pulling back from the strongest level since February as traders continued to monitor shifting early-spring weather forecasts. Warm to mild conditions will dominate most of the U.S. this weekend, even as a spring-like weather system with heavy showers and thunderstorms impacts the central U.S. " Natural gas contracts for April delivery dropped 8.2 cents, or around 2.72% to $3.011 per million

EIA Natural Gas Storage Report 03-16-17

Mar 16, 2017
2 min

EIA Natural Gas Storage Report 03-16-17

Natural gas wholesale contracts pushed higher on Wednesday, bouncing back from heavy losses in the prior session as forecasts showing cooler weather on the way boosted the heating fuel. Snow showers and gusty winds remain in the wake of Tuesday’s powerful winter storm that brought a wintry mess to the Mid-Atlantic and Northeast, according to forecasters at NatGasWeather.com. Temperatures are expected to remain much colder than normal through the end of the week, with highs st