EIA NG STORAGE REPORT
| February 24, 2022
February 24, 2022
Dear , The EIA reported a -129 bcf withdrawal, 6 bcf greater than our estimate of -123 bcf and 3 bcf greater than the Bloomberg median of -126 bcf. The following report contains commentary on an article co-authored by Ken Griffin, Founder and CEO of Citadel, as well as updated seasonal balances for Winter 2021/22 and Summer 2022. Our models are currently showing storage activity of -129, -117, -65, -35, -8, +17 bcf over the next six weeks for a total of -337 bcf, compared to -210 bcf for the sa.....
EIA NG STORAGE REPORT
| February 17, 2022
February 17, 2022
Dear , The EIA reported a -190 bcf withdrawal, 13 bcf less than our estimate of -203 bcf and 5 bcf less than the Bloomberg median of -195 bcf. Our models are currently showing storage activity of -124, -112, -147, -78, -50, -16 bcf over the next six weeks for a total of -527 bcf, compared to -553 bcf for the same period last year and the five-year average of -500 bcf.
EIA NG STORAGE REPORT
| February 10, 2022
February 10, 2022
Dear , The EIA reported a -222 bcf withdrawal, 3 bcf greater than our estimate of -219 bcf and equal to the Bloomberg median. This report contains updated seasonal balances for Winter 2021/22 and Summer 2022. Our models are currently showing storage activity of -210, -137, -84, -93, -58, -33 bcf over the next six weeks for a total of -615 bcf, compared to -788 bcf for the same period last year and the five-year average of -631 bcf.
EIA NG STORAGE REPORT
| February 03, 2022
February 3, 2022
Dear , The EIA reported a -268 bcf withdrawal, 11 bcf less than our estimate of -279 bcf and 12 bcf less than the Bloomberg median of -280 bcf. This report contains commentary on the state of Lower 48 and Salt inventories, as well as comparisons of the current season to the Winter of 2013/14. Our models are currently showing storage activity of -221, -217, -167, -134, -94, -66 bcf over the next six weeks for a total of -899 bcf, compared to -933 bcf for the same period last year and the five-ye.....
EIA NG STORAGE REPORT
| January 27, 2022
January 27, 2022
Dear , The EIA reported a -219 bcf withdrawal, 5 bcf greater than our estimate of -214 bcf and 4 bcf greater than the Bloomberg median of -215 bcf. This report contains updated seasonal balances for Winter 2021/22 and Summer 2022, as well as commentary on the state of Salt inventories. Our models are currently showing storage activity of -288, -231, -217, -173, -141, -120 bcf over the next six weeks for a total of -1,158 bcf, compared to -1,099 bcf for the same period last year and the five-yea.....
EIA NG STORAGE REPORT
| January 20, 2022
January 20, 2022
Dear , The EIA reported a -206 bcf withdrawal, 3 bcf greater than our estimate of -203 bcf and 8 bcf greater than the Bloomberg median of -198 bcf. Our models are currently showing storage activity of -215, -289, -211, -195, -168, -147 bcf over the next six weeks for a total of -1,225 bcf, compared to -1,177 bcf for the same period last year and the five-year average of -879 bcf.
EIA NG STORAGE REPORT
| January 13, 2022
January 13, 2022
Dear , The EIA reported a -179 bcf withdrawal, 6 bcf less than our estimate of -185 bcf and 1 bcf greater than the Bloomberg median of -178 bcf. This week's report contains updated seasonal balance tables for Winter 2021/22 and Summer 2022, as well as extended regional storage tables with total December 2021 activity. Our models are currently showing storage activity of -208, -213, -274, -208, -187, -174 bcf over the next six weeks for a total of -1,265 bcf, compared to -1,224 bcf for the same .....
EIA NG STORAGE REPORT
| January 06, 2022
January 6, 2022
Dear , The EIA reported a -31 bcf withdrawal, 1 bcf greater than our estimate of -30 bcf and 24 bcf less than the Bloomberg median of -55 bcf. Our models are currently showing storage activity of -180, -222, -203, -202, -179, -171 bcf over the next six weeks for a total of -1157 bcf, compared to -1034 bcf for the same period last year and the five-year average of -937 bcf.
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.....