EIA NG STORAGE REPORT | December 30, 2021
December 30, 2021
Dear , The EIA reported a -136 bcf withdrawal, 10 bcf less than our estimate of -146 bcf and equal to the Bloomberg median. At a regional level, we overestimated all of the EIA regions, with our largest errors coming in the Midwest and Mountain regions. Yet, the most important miss in our mind is that in salt domes, which we will discuss separately in this report. This report contains updated seasonal balances for Winter of 2021/22 and Summer 2022. Our models are currently showing storage activi.....
EIA NG STORAGE REPORT | December 23, 2021
December 23, 2021
Dear , The EIA reported a -55 bcf withdrawal, 3 bcf less than our estimate of -58 bcf and equal to the Bloomberg median. Based on client feedback, we have transitioned our usual four-week forecast to a six-week outlook, with the final value covering storage activity out through January 27, 2022. Our models are currently showing storage activity of -145, -81, -168, -192, -201, -197 bcf over the next six weeks for a total of -983 bcf, compared to -879 bcf for the same period last year and the fiv.....
EIA NG STORAGE REPORT | December 16, 2021
December 16, 2021
Dear , The EIA reported a -88 bcf withdrawal, equal to our own estimate and the Bloomberg median. This report contains updated balances for Winter 2021/22 and Summer 2022. Our models are currently showing storage activity of -55, -137, -137, -176 bcf over the next four weeks for a total of -505 bcf, compared to -528 bcf for the same period last year and the five-year average of -537 bcf
EIA NG STORAGE REPORT | December 09, 2021
December 9, 2021
Dear , The EIA reported a -59 bcf withdrawal, 1 bcf greater than our estimate of -58 bcf and 3 bcf greater than the Bloomberg median of -56 bcf. This report includes extended EIA and Canadian storage tables. Our models are currently showing storage activity of -90, -56, -113, -154 bcf over the next four weeks for a total of -413 bcf, compared to -512 bcf for the same period last year and the five-year average of -496 bcf.
EIA NG STORAGE REPORT | December 02, 2021
December 2, 2021
Dear , The EIA reported a -59 bcf withdrawal, 3 bcf greater than our estimate of -56 bcf and equal to the Bloomberg median. This report includes seasonal balances for Winter 2021/22 and Summer 2022. Our models are currently showing storage activity of -58, -72, -74, -133 bcf over the next four weeks for a total of -337 bcf, compared to -463 bcf for the same period last year and the five-year average of -442 bcf.
EIA NG STORAGE REPORT | November 24, 2021
November 24, 2021
Dear , The EIA reported a -21 bcf injection, 6 bcf less than our estimate of -27 bcf and 3 bcf less than the Bloomberg median of -24 bcf. Our models are currently showing storage activity of -58, -66, -85, -121 bcf over the next four weeks for a total of -330 bcf, compared to -347 bcf for the same period last year and the five-year average of -353 bcf.
EIA NG STORAGE REPORT | November 18, 2021
November 18, 2021
Dear , The EIA reported a +26 bcf injection, 1 bcf less than our estimate of +27 bcf and 2 bcf greater than the Bloomberg median of +24 bcf. This week's report contains Winter 2021/22 and Summer 2022 balances, as well as extended storage tables for the US and Canada. Our models are currently showing storage activity of -24, -59, -73, -114 bcf over the next four weeks for a total of -270 bcf, compared to -210 bcf for the same period last year and the five-year average of -245 bcf.
EIA NG STORAGE REPORT | November 10, 2021
November 10, 2021
Dear , The EIA reported a +7 bcf injection, 1 bcf greater than our estimate of +6 bcf and 3 bcf less than the Bloomberg median of +10 bcf. This week's report contains extended storage tables with net activity for the month of October. Our models are currently showing storage activity of +23, -15, -52, -80 bcf over the next four weeks for a total of -36 bcf, compared to +15 bcf for the same period last year and the five-year average of -62 bcf.
EIA NG STORAGE REPORT | November 04, 2021
November 4, 2021
Dear , The EIA reported a +63 bcf injection, equal to our estimate of +63 bcf and 2 bcf less than the Bloomberg median of +65 bcf. This week's report contains updated Summer 2021 and Winter 2021/22 balances. Our models are currently showing storage activity of +14, +21, -18, -53 bcf over the next four weeks for a total of -36 bcf, compared to +15 bcf for the same period last year and the five-year average of -62 bcf.
EIA NG STORAGE REPORT | October 28, 2021
October 28, 2021
Dear , The EIA reported a +87 bcf injection, 4 bcf greater than our estimate of +83 bcf and 1 bcf greater than the Bloomberg median of +86 bcf. This week's report contains updated Summer 2021 and Winter 2021/22 balances. The complementary Canadian natural gas storage report is excluded this week as timely data is not currently available. Our models are currently showing storage activity of +62, +39, -7, -21 bcf over the next four weeks for a total of +73 bcf, compared to -8 bcf for the same per.....