EIA NG STORAGE REPORT
| January 13, 2011
-138 bcf
EIA NG STORAGE REPORT The EIA reported a -138 bcf storage withdrawal for the week ending January 7, below the Bloomberg median estimate of -149 bcf, the -161 bcf 5-year average, and the year-ago -255 bcf draw. While appearing low at first, this is largely in line with last year’s withdrawals, as well as the past two week’s withdrawals, when taking into consideration differences in weather and the holiday effect. At this point, if we continue through the winter withdrawing inventories at.....
EIA NG STORAGE REPORT
| January 06, 2011
-135
EIA NG STORAGE REPORT The EIA reported a -135 bcf storage withdrawal for the week ending December 31, a slightly larger withdrawal than the Bloomberg median estimate of -131 bcf and the -79 bcf five-year average, but a smaller withdrawal than the year-ago -149 bcf draw. Weather last week was similar to weather last year (220 HDD vs. 225 HDD last year). And, while comparisons are difficult to make this week due to the timing of the holidays during the calendar week, the draw looks b.....
EIA NG STORAGE REPORT
| December 30, 2010
-136 bcf
EIA NG STORAGE REPORT The EIA reported a -136 bcf storage withdrawal for the week ending December 24, a smaller withdrawal than the Bloomberg median estimate of -143 bcf, but a larger withdrawal than the year-ago -130 bcf draw or the -118 bcf five-year average. In a week with 218 HDD , the holiday week’s withdrawal is roughly in line with last year’s holiday week as well as historical norms. Total US: -136 bcf (Bloomberg median -143 bcf) East: -103 bcf West: -12 bcf Producing: -21.....
EIA NG STORAGE REPORT
| December 23, 2010
-184 bcf
EIA NG STORAGE REPORT The EIA reported a -184 bcf storage withdrawal for the week ending December 17, slightly higher than the Bloomberg median expectation of a -180 bcf withdrawal. This storage withdrawal was larger than the 5-year average of -136 bcf and the -172 bcf withdrawal last year. This week’s storage report implies slightly tighter balances on a week-ago and year-ago basis. In addition, a revision was issued that caused stocks to change from 3,561 to 3,552 bcf for the week en.....
EIA NG STORAGE REPORT
| December 16, 2010
-164
EIA NG STORAGE REPORT The EIA reported a -164 bcf storage withdrawal for the week ending December 10, in line with the Bloomberg median expectation of a -165 bcf withdrawal. This storage withdrawal was larger than the five-year average of -153 bcf but lower than the -207 bcf withdrawal for the same calendar week last year. The story line has not changed much since last week. Year-ago comparisons make this week’s storage report balances appear very loose, but (like last week) this is onl.....
EIA NG STORAGE REPORT
| December 09, 2010
-89
EIA NG STORAGE REPORT The EIA reported a -89 bcf storage withdrawal for the week ending December 3, a slightly larger withdrawal than the Bloomberg median expectation of a -85 bcf build. This storage withdrawal was larger than both the five-year average of -74 bcf and the year-ago -64 bcf net injection (for the calendar week). While our weather model indicated a withdrawal in line with -89 bcf, the holiday effect during the previous week would have implied a slightly higher withdrawal. .....
EIA NG STORAGE REPORT
| December 02, 2010
-23
The EIA reported a -23 bcf storage withdrawal for the week ending November 26, a slightly smaller withdrawal than the Bloomberg median expectation of a -29 bcf build. The storage withdrawal was lower than the five-year average of -36 bcf, while the same week last year managed a small +2 bcf net injection during the holiday week. Though the reported withdrawal was below consensus expectations, it implies that weather-adjusted balances have continued to tighten sequentially as the heating seas.....
EIA NG STORAGE REPORT
| November 24, 2010
-6 bcf
EIA NG STORAGE REPORT The EIA reported a -6 bcf withdrawal for the week ending November 19. This is a larger draw on storage than the Bloomberg median expectation of a -1 bcf withdrawal. The same calendar week last year saw a +5 bcf injection, but the 5-year average is for a -13 bcf withdrawal. This week’s storage report indicates balances roughly consistent with last week’s report and a pace of injections essentially on par with that of November last year. Overall, the past three stor.....
EIA NG STORAGE REPORT
| November 18, 2010
+3 bcf
EIA NG STORAGE REPORT The EIA reported a +3 bcf storage injection for the week ending November 12, lower than the Bloomberg median expectation of a +8 bcf build. The build was lower than last year’s +18 bcf injection and the +21 bcf 5-year average. For the past three weeks, net injections have aligned quite well with pipeline scrapes while consistently suggesting tighter balances than our weather models would suggest. Total US: +3 bcf (Bloomberg median +8 bcf) East: -8 bcf West: -2 b.....
EIA NG STORAGE REPORT
| November 10, 2010
+19 bcf
EIA NG STORAGE REPORT The EIA reported a +19 bcf storage injection for the week ending November 5, lower than the Bloomberg median expectation of a +23 bcf build. The build was lower than last year’s +25 bcf injection and the +30 bcf 5-year average. The build was in line with our pipeline scrape models, but well below our weather models, which suggested a build in the low- to mid-30s. Total US: +19 bcf (Bloomberg median +23 bcf) East: +0 bcf West: +4 bcf Producing: +15 bcf Statist.....