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EIA's Weekly Gas Storage Report Report Date: 7/14/17
Release Time:
Thursday July 20 2017 10:30 ET

Natural gas futures have spent all week just north of $3 in a very tight range. Again the risk is South Central in forecasts. Last week was 4 degrees warmer than the five year average. Since May, weather has been 9 percent cooler than last year and 4 percent cooler than the five-year average. 

Market Expectations
Actual +28 Bcf Prior  +57 Bcf
Consensus Forecast  +31 Bcf
Cons. Range+25 to +41 Bcf
EIA swap: +30 to +31 @ CT 15.13

Last Week's Report +57 Bcf #TCNG

EIA Storage Report

Analysts Forecasts

  • Donnie Sharp, Huntsville Utils: 41 Bcf
  • Kilduff Report: 39 Bcf
  • ARM Energy: 36 Bcf
  • Tim Evans, CITI Futures: 36 Bcf
  •  Schneider Electric: 35 Bcf
  • Bentek S/D Model: 28 Bcf
  • Reza Haidari, ThomsonReuters: 28 Bcf
  • PointLogic Energy: 28 Bcf
  • PIRA: 27 Bcf
  • Andy Weissman, EBW Analytics: 25 Bcf

The Fundamental Edge with Brynne Kelly @BrynneKKelly

Natural Gas Storage Futures weekly EIA storage futures 7/18 (EIA Swap) 

Natural Gas Storage Futures

daily load futures and prices 7/18 (looking at the highest demand of the summer tomorrow...)

Current Storage Level vs. Last Year & 5-Yr

Current Storage Level: 2,945 Bcf Storage 2016/Same Week: 3,234 Bcf/Delta -289 Bcf (8.9%)

5Yr Avg/Same Week: 2,773 Bcf/Delta +172 Bcf (6.2%)


Further Energy Analysis http://www.oottnews.com/index.html

From the Traders Community News Desk


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