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Natural Gas Storage Report: Injection Season Week 18 (Week Ending August 4, 2017)

Cooler weather patterns across the Northeast and Rockies were offset by record heat across the Pacific coast this week as the latest injection of 28 Bcf failed to meet the market expectation of 36 Bcf. While this build may have surpassed last year’s value of 24 Bcf, it still fell rather short of the five-year injection of 54 Bcf. Working inventories continue to reflect an undersupplied market,...

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Natural Gas Storage Report: Injection Season Week 17 (Week Ending July 28, 2017)

Market expectation was 21 Bcf and the injection report came in slightly under at 20 Bcf. Last year only 3 Bcf was injected and the five- year average stands at 44 Bcf. The market is flat with a slight bullish feel as we are still behind the five year average of 44 Bcf, and the surplus versus the five year average has fallen by 210 Bcf over the past 13 weeks. There is at least 2 Bcf/d of...

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