EIA NG STORAGE REPORT
| July 26, 2012
July 26, 2012
EIA reported a +26 bcf injection for the week ended July 20 (Bloomberg median +26 bcf, Bloomberg Whisper +28 bcf). The 24 estimates submitted to Bloomberg varied from +20 bcf to +35 bcf with a standard deviation of 3 bcf. Our model showed +29 bcf. Nationwide cooling degree days reported by NOAA increased to 93 CDDs from 92 CDDs the prior week. Total US: +26 bcf ( LCMC +29 bcf; Bloomberg median +26 bcf) East: +20 bcf West: +7 bcf Producing: -1 bcf Today’s +26 bcf compares to a +48 bc.....
EIA NG STORAGE REPORT
| July 19, 2012
July 19, 2012
EIA reported a +28 bcf injection for the week ended July 13 (Bloomberg median +34 bcf, Bloomberg Whisper +32 bcf). The 26 estimates submitted to Bloomberg varied from +28 bcf to +46 bcf with a standard deviation of 5 bcf. Our model showed +32 bcf. Nationwide cooling degree days reported by NOAA dropped to 92 CDDs from a season-high of 100 CDDs the prior week. Total US: +28 bcf ( LCMC +32 bcf; Bloomberg median +34 bcf) East: +23 bcf West: +4 bcf Producing: +1 bcf Today’s +28 bcf comp.....
EIA NG STORAGE REPORT
| July 12, 2012
July 12, 2012
EIA reported a +33 bcf injection for the week ended July 6 (Bloomberg median +27 bcf, Bloomberg Whisper +27 bcf). The 20 estimates submitted to Bloomberg varied from +18 bcf to +34 bcf with a standard deviation of 4 bcf. Our model showed +33 bcf. Nationwide cooling degree days reported by NOAA showed a sharp increase and reached 100 CDDs from 66 CDDs the week before. Total US: +33 bcf ( LCMC +33 bcf; Bloomberg median +27 bcf) East: +20 bcf West: +13 bcf Producing: 0 bcf Today’s +33 .....
EIA NG STORAGE REPORT
| July 06, 2012
July 6, 2012
EIA reported a +39 bcf injection for the week ended June 29 (Bloomberg median +43 bcf, Bloomberg Whisper +43 bcf). The 25 estimates submitted to Bloomberg varied from +34 bcf to +58 bcf with a standard deviation of 4 bcf. Our model showed +45 bcf. Nationwide cooling degree days remained flat at 66 CDDs. Total US: +39 bcf ( LCMC +45 bcf; Bloomberg median +43 bcf) East: +35 bcf West: +15 bcf Producing: -11 bcf Today’s +39 bcf compares to a +90 bcf injection during the corresponding week.....
EIA NG STORAGE REPORT
| June 28, 2012
June 28, 2012
EIA reported a +57 bcf injection for the week ended June 22 (Bloomberg median +53 bcf, Bloomberg Whisper +53 bcf). The 27 estimates submitted to Bloomberg varied from +46 bcf to +62 bcf with a standard deviation of 4 bcf. Our model showed +53 bcf. Weather was again much warmer in the East and the Midwest as cooling degree days nationwide jumped to 66 CDDs from 49 CDDs the week before and heating demand all but disappeared (3 HDDs vs. 7 HDDs). Total US: +57 bcf ( LCMC +53 bcf; Bloomberg me.....
EIA NG STORAGE REPORT
| June 21, 2012
June 21, 2012
EIA reported a +62 bcf injection for the week ended June 15 (Bloomberg median +64 bcf, Bloomberg Whisper +66 bcf). The 27 estimates submitted to Bloomberg varied from +59 bcf to +68 bcf with a standard deviation of 2 bcf. Our model showed +64 bcf. Much warmer weather in the East and the Midwest led to lower heating degree days nationwide (7 HDDs vs. 20 HDDs) and higher cooling demand (49 CDDs vs. 32 CDDs). Total US: +62 bcf ( LCMC +64 bcf; Bloomberg median +64 bcf) East: +37 bcf West: +11.....
EIA NG STORAGE REPORT
| June 14, 2012
June 14, 2012
EIA reported a +67 bcf injection for the week ended June 8 (Bloomberg median +75 bcf, Bloomberg Whisper +74 bcf). The 25 estimates submitted to Bloomberg varied from +67 bcf to +85 bcf with a standard deviation of 4 bcf. Our model showed +75 bcf. Much lower temperatures in the East and the Midwest led to slightly higher heating degree days nationwide (20 HDDs vs. 15 HDDs) and significantly lower cooling demand (32 CDDs vs. 55 CDDs). Total US: +67 bcf ( LCMC +75 bcf; Bloomberg median +75 bcf.....
EIA NG STORAGE REPORT
| June 07, 2012
June 7, 2012
EIA reported a +62 bcf injection for the week ended June 1 (Bloomberg median +58 bcf, Bloomberg Whisper +56 bcf). The 26 estimates submitted to Bloomberg varied from +45 bcf to +75 bcf with a standard deviation of 6 bcf. Our model showed +53 bcf. Much lower temperatures in the Rockies led to slightly higher heating degree days nationwide (15 HDDs vs. 14 HDDs), however, due to warmer weather in the other regions we saw a significant week on week increase in cooling degree days (55 CDDs vs. 32 CD.....
EIA NG STORAGE REPORT
| May 31, 2012
May 31, 2012
EIA reported a +71 bcf injection for the week ended May 25 (Bloomberg median +71 bcf, Bloomberg Whisper +70 bcf). The 26 estimates submitted to Bloomberg varied from +59 bcf to +82 bcf with a standard deviation of 5 bcf. Our model showed +70 bcf. Average weather was warmer week on week (14 HDDs vs. 24 HDDs), but this time around we actually managed to increase the total degree days count from the previous week as incremental CDDs made up for the lost HDDs (32 CDDs vs. 19 CDDs). Total US: +71.....
EIA NG STORAGE REPORT
| May 24, 2012
May 24, 2012
EIA reported a +77 bcf injection for the week ended May 18 (Bloomberg median +78 bcf, Bloomberg Whisper +76 bcf). The 24 estimates submitted to Bloomberg varied from +70 bcf to +90 bcf with a standard deviation of 5 bcf. Our model showed +71 bcf. Average weather was warmer week on week (24 HDDs vs. 31 HDDs), but again a combination of higher temperatures in the north and lower temperatures in the south led to a decrease in cooling demand. (19 CDDs vs. 25 CDDs). Total US: +77 bcf ( LCMC +71 .....