Opening call from earlier
Forecasts for heat are driving natural gas temperatures right now:
See Weather Thursday for details:
for week ending June 22, 2018 | Released: June 28, 2018 at 10:30 a.m. | Next Release: July 6, 2018
Working gas in underground storage, Lower 48 states Summary text CSV JSN | |||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Historical Comparisons | |||||||||||||||||||||||||
Stocks billion cubic feet (Bcf) | Year ago (06/22/17) | 5-year average (2013-17) | |||||||||||||||||||||||
Region | 06/22/18 | 06/15/18 | net change | implied flow | Bcf | % change | Bcf | % change | |||||||||||||||||
East | 430 | 406 | 24 | 24 | 533 | -19.3 | 543 | -20.8 | |||||||||||||||||
Midwest | 425 | 401 | 24 | 24 | 673 | -36.8 | 586 | -27.5 | |||||||||||||||||
Mountain | 133 | 127 | 6 | 6 | 184 | -27.7 | 159 | -16.4 | |||||||||||||||||
Pacific | 251 | 246 | 5 | 5 | 280 | -10.4 | 299 | -16.1 | |||||||||||||||||
South Central | 835 | 828 | R | 7 | 7 | 1,140 | -26.8 | 988 | -15.5 | ||||||||||||||||
Salt | 252 | 258 | -6 | -6 | 341 | -26.1 | 289 | -12.8 | |||||||||||||||||
Nonsalt | 583 | 570 | R | 13 | 13 | 798 | -26.9 | 699 | -16.6 | ||||||||||||||||
Total | 2,074 | 2,008 | R | 66 | 66 | 2,809 | -26.2 | 2,575 | -19.5 | ||||||||||||||||
R=Revised. |
****The reported revision caused the stocks for June 15, 2018, to change from 2,004 Bcf to 2,008 Bcf. As a result, the implied net change between the weeks ending June 08 and June 15 changed from 91 Bcf to 95 Bcf.
The period below and temperatures was used for the weekly EIA number released today at 9:30am CDT:
Natural Gas Intelligence:
Bullish EIA Natural Gas Storage Miss Offset by Bearish Revision; Futures Retreat
Jun 28 2018
The Energy Information Administration (EIA) on Thursday reported a below-consensus natural gas storage build.
Natural Gas Futures Retreat on Bearish EIA Storage Revision; Spot Surges on Heat
An inauspicious start to August’s prompt-month run saw natural gas futures slide Thursday after a revision to Energy Information Administration storage data nullified a supportive build in this week’s inventory report