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Natural Gas Storage Report: Injection Season Week 13 (Week Ending June 24, 2016)

The thirteenth week of Injection Season showed a continuation of deflated working gas builds, as the EIA reported a net injection of 42 Bcf, about 10% shy of the expected 46 Bcf. This time last year, we saw a build of 73 Bcf, and the five year pace is 78 Bcf. Two-week weather forecasts still show well-above-average temperatures expanding from the West and moving through the rest of the country....

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Natural Gas Storage Report: Injection Season Week 12 (Week Ending June 17, 2016)

Today, the EIA reported a net build of 62 Bcf in Week 12 of Injection Season. This number is slightly bearish compared to the market expectation of 60 Bcf, but is once again considerably lower (29%) than the five year average for this time of year. Future injection estimates are still bullish, as temperatures are expected to remain above average in all regions, and deflated rig count is simply...

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