Eia natural gas inventory forecast
7 Dec 2018 On November 23, U.S. inventories of natural gas were less than 3.1 trillion cubic EIA forecasts Henry Hub natural gas spot prices to average 29 Jul 2019 This report contains information about the nation's natural gas inventory levels. If a mineral rights and royalty owner is looking to buy or sell their Working gas in storage was 2,043 Bcf as of Friday, March 6, 2020, according to EIA estimates. This represents a net decrease of 48 Bcf from the previous week. Stocks were 796 Bcf higher than last year at this time and 227 Bcf above the five-year average of 1,816 Bcf. At 2,043 Bcf, total working gas is within the five-year historical range. EIA forecasts slower growth in natural gas-fired generation while renewable energy rises tags: STEO electricity generation renewables U.S. oil and natural gas proved reserves and production set new records in 2018
18 Jul 2019 EIA forecasts Henry Hub natural gas spot prices for June, July, and gas-fired electricity generation, which allowed natural gas inventory
The Energy Information Administration's latest short-term outlook, U.S. natural gas production. Excludes inventory changes and balancing factors. Data for 2018 and 2019 are projections. An array of natural gas storage data is available, including "official" inventories as reported by the EIA, daily projections and estimated intraday current inventories, near-term weekly projections, and long-term forecasts. Currently, 94,344 analysts contribute to Estimize, resulting in coverage on over 2,800 stocks and 85 economic indicators each quarter. The Estimize consensus has proven more accurate than comparable sell side data sets over 70% of the time and by 15% on average. EIA Natural Gas Storage Data Total (03/06/20): 2,043 Bcf Total (02/28/20): 2,091 Bcf Net change: -48 Bcf Implied flow: -48 Bcf Year ago stocks: 1,247 Bcf % change from year ago: 63.8 % 5-year avg stocks: 1,816 Bcf % change from 5-year avg: 12.5 % The Energy Information Administration (EIA) Natural Gas Storage report measures the change in the number of cubic feet of natural gas held in underground storage during the past week. Natural Gas Price Forecast – Mutant Pressure Building And Natural Gas Markets. Pressure has been building in the natural gas markets over the last several days, as we are trading between the $2.20 level and the $2.40 level. Ultimately, this is a market that looks as if it is trying to form some type of base at this point.
The Energy Information Administration (EIA) Natural Gas Storage report measures the change in the number of cubic feet of natural gas held in underground storage during the past week.
18 Jul 2019 EIA forecasts Henry Hub natural gas spot prices for June, July, and gas-fired electricity generation, which allowed natural gas inventory 27 Nov 2019 13 Nov 2019 The Henry Hub natural gas spot price averaged $2.33/MMbtu in October, In this month's STEO report, EIA forecasts Henry Hub spot prices to average By Oct. 31, US total working gas inventories reached 3,762 bcf, which
29 Jan 2020 As recently as last year, the EIA forecast that natural gas would remain the country's top source of electricity out to 2050. Last year in its Annual
Get free Natural Gas (NG) daily & weekly technical and fundamental forecasts, analysis, inventory report and news written by FX Empire's professional analysts. 6 days ago The Weekly Natural Gas Storage report tracks US natural gas Next Release: Mar 19 2020, 10:30 EDT; Site: http://ir.eia.gov/ngs/ngs.html. 23 Jan 2020 EIA reports a weekly decline of 92 billion cubic feet in U.S. natural-gas supplies 88 billion cubic feet forecast by analysts polled by S&P Global Platts, but well February natural gas ngg20 traded at $1.939 per million British 29 Jan 2020 As recently as last year, the EIA forecast that natural gas would remain the country's top source of electricity out to 2050. Last year in its Annual 13 Jan 2020 U.S. Natural Gas: Weekly Analysis of the EIA Inventory Data nevertheless as market participants chose to focus on a bullish weather forecast.
Although EIA forecasts dry natural gas production will average 95.3 Bcf/d in 2020, a 3% increase from 2019, EIA expects monthly production to generally decline through 2020, falling from an estimated 96.5 Bcf/d in February to 92.3 Bcf/d in December. The falling production mostly occurs in the Appalachian and Permian regions.
If the increase in natural gas is less than expected, it implies greater demand and is bullish for natural gas prices. The same can be said if a decline in inventories is more than expected. GAS INVENTORY FORECAST DATA TODAY NATURAL GAS INVENTORIES STORAGE DATA : 30/01/2020 "In January, the Henry Hub natural gas spot price averaged $2.02/MMBtu, as warm weather contributed to below-average inventory withdrawals and put downward pressure on natural gas prices," EIA The Energy Information Administration's latest short-term outlook, U.S. natural gas production. Excludes inventory changes and balancing factors. Data for 2018 and 2019 are projections.
The Energy Information Administration (EIA) Natural Gas Storage report measures the change in the number of cubic feet of natural gas held in underground storage during the past week. While this is a U.S. indicator it tends to have a greater impact on the Canadian dollar, due to Canada's sizable energy sector. Crude oil and natural gas production in Texas and Oklahoma's Anadarko Region is growing EIA’s Drilling Productivity Report adds Anadarko region, aggregates Marcellus and Utica U.S. crude oil production forecast expected to reach record high in 2018 This week’s domestic crude oil production estimate incorporates a re-benchmarking that affected estimated volumes by less than 50,000 barrels per day, which is about 0.3% of this week’s estimated production total. The petroleum supply situation in the context of historical information and selected prices. Although EIA forecasts dry natural gas production will average 95.3 Bcf/d in 2020, a 3% increase from 2019, EIA expects monthly production to generally decline through 2020, falling from an estimated 96.5 Bcf/d in February to 92.3 Bcf/d in December. The falling production mostly occurs in the Appalachian and Permian regions.