EIA NG STORAGE REPORT
| December 17, 2015
December 17, 2015
Please note our extended U.S. and Canada tables covering the remainder of the withdrawal season are included in the attachment. We overwrite weekly estimates with monthly releases as monthly EIA data becomes available. The EIA reported a -34 bcf withdrawal for the week ending December 10, coming in lighter than our own number at -38 bcf and the Bloomberg median at -40 bcf. After a few weeks of bullish surprises from the EIA , the market seems to have adjusted its expectations towards str.....
EIA NG STORAGE REPORT
| December 10, 2015
December 10, 2015
The EIA reported a -76 bcf withdrawal for the week ending December 3, coming in stronger than our own number at -67 bcf and the Bloomberg median at -65 bcf. Regionally most of the surprise came from the withdrawal reported by salt-dome facilities given that we observed an injection of over 4 bcf from interstate pipeline flows. The overall withdrawal was also quite stronger than market expectations, which had already been boosted from a mid-50s pull, following large draws reported by the big st.....
EIA NG STORAGE REPORT
| December 03, 2015
December 3, 2015
Today the EIA reported the first withdrawal of the season at -53 bcf, coming in line with our own number at -52 bcf, but stronger than the Bloomberg median at -47 bcf. Regionally the Midwest surprised with a stronger than expected withdrawal, while the South Central reported a smaller than expected withdrawal. That would imply that the South Central is relying less on exports and more on storage to balance supply and demand as injections come to an end. The withdrawal for the week ending N.....
EIA NG STORAGE REPORT
| November 25, 2015
November 25, 2015
Please note that the Canadian inventory overview is excluded from this week’s report as the data will be released tomorrow. Today the EIA reported a +9 bcf injection for the reference week ending November 19 coming in below our own number at +12 bcf, but above the Bloomberg median at +7 bcf. After accounting for the regional rounding errors, the surprise was concentrated in the Midwest and salt-domes. It would appear that intrastate facilities that we cannot track are already withdrawing, e.....
EIA NG STORAGE REPORT
| November 19, 2015
November 19, 2015
Today the EIA reported a +15 bcf injection for the reference week ending November 12 and switched to the new regional breakdown. The injection came in below our own number at +19 bcf and the Bloomberg median at +19 bcf, but with five regions instead of the old three regions, the rounding error can create larger differences between estimates. The regional breakdown, though, was closer to expectations with the Mountain and Pacific regions being the first to enter the withdrawal season. On Mo.....
EIA NG STORAGE REPORT
| November 13, 2015
November 13, 2015
EIA reported a +49 bcf injection for the week ending November 5 (Bloomberg median +49 bcf, Bloomberg whisper: +47 bcf). The 21 estimates submitted to Bloomberg varied from +41 bcf to +78 bcf with a standard deviation of 9 bcf. Our model showed +48 bcf. Nationwide natural gas-weighted heating degree days reported by NOAA increased by +1 HDD to 68 HDDs, while electricity-weighted cooling degree days decreased by -1 CDD to 10 CDDs. Total US: +49 bcf ( LCMC : +48 bcf, Bloomberg median: +49.....
EIA NG STORAGE REPORT
| November 05, 2015
November 5, 2015
EIA reported a +52 bcf injection for the week ending October 29 (Bloomberg median +57 bcf, Bloomberg whisper: +57 bcf). The 21 estimates submitted to Bloomberg varied from +52 bcf to +69 bcf with a standard deviation of 4 bcf. Our model showed +60 bcf. Nationwide natural gas-weighted heating degree days reported by NOAA decreased by -1 HDD to 67 HDDs, while electricity-weighted cooling degree days increased by +1 CDD to 11 CDDs. Total US: +52 bcf ( LCMC : +60 bcf, Bloomberg median: +57.....
EIA NG STORAGE REPORT
| October 29, 2015
October 29, 2015
EIA reported a +63 bcf injection for the week ending October 22 (Bloomberg median +69 bcf, Bloomberg whisper: +67 bcf). The 20 estimates submitted to Bloomberg varied from +62 bcf to +85 bcf with a standard deviation of 5 bcf. Our model showed +69 bcf. Nationwide natural gas-weighted heating degree days reported by NOAA increased by +31 HDDs to 68 HDDs, while electricity-weighted cooling degree days decreased by -14 CDDs to 10 CDDs. Total US: +63 bcf ( LCMC : +69 bcf, Bloomberg median: +69.....
EIA NG STORAGE REPORT
| October 22, 2015
October 22, 2015
EIA reported a +81 bcf injection for the week ending October 15 (Bloomberg median +87 bcf, Bloomberg whisper: +84 bcf). The 20 estimates submitted to Bloomberg varied from +82 bcf to +99 bcf with a standard deviation of 4 bcf. Our model showed +84 bcf. Nationwide natural gas-weighted heating degree days reported by NOAA decreased by -6 HDDs to 37 HDDs, while electricity-weighted cooling degree days increased by +10 CDDs to 24 CDDs. Total US: +81 bcf ( LCMC : +84 bcf, Bloomberg median: +87 .....
EIA NG STORAGE REPORT
| October 15, 2015
October 15, 2015
EIA reported a +100 bcf injection for the week ending October 8 (Bloomberg median +90 bcf, Bloomberg whisper: +89 bcf). The 22 estimates submitted to Bloomberg varied from +86 bcf to +104 bcf with a standard deviation of 4 bcf. Our model showed +92 bcf. Nationwide natural gas-weighted heating degree days reported by NOAA increased by +26 HDDs to 43 HDDs, while electricity-weighted cooling degree days decreased by -24 CDDs to 14 CDDs. Total US: +100 bcf ( LCMC : +92 bcf, Bloomberg median: +.....