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Natural Gas Storage Report: Injection Season Week 14 (Week Ending July 6, 2018)

The heat over the holiday last week took its toll as the EIA reported a 51 Bcf injection into storage, which ended up being a bullish value that fell short of the market expectation of 56 Bcf, last year’s build of 59 Bcf, and the five-year average of 77 Bcf. The Northeast and Great Lakes regions were hit the hardest with hot weather over the course of the week, and the rest of the Lower 48 also...

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Natural Gas Storage Report: Injection Season Week 12 (Week Ending June 22, 2018)

After the July prompt month came to a close yesterday, the market began to reflect a slow and steady response to the summer’s increase in cooling demand. This week’s injection of 66 Bcf (along with a revision of 4 Bcf that raised last week’s implied net change from 91 Bcf to 95 Bcf) also supported the recent bullish movement by coming in under the expectation of 71 Bcf. While this value...

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