Wowzers! Record 359 Bcf EIA Natural Gas Storage Pull Delivers on Lofty Expectations - GoHaynesvilleShale.com2024-03-28T22:35:45Zhttps://gohaynesvilleshale.com/forum/topics/wowzers-record-359-bcf-eia-natural-gas-storage-pull-delivers-on?commentId=2117179%3AComment%3A3661889&feed=yes&xn_auth=noAnother quick update:
NG with…tag:gohaynesvilleshale.com,2018-02-06:2117179:Comment:36656972018-02-06T06:04:51.620ZDion Warr, CPLhttps://gohaynesvilleshale.com/profile/DionWarr
<p>Another quick update:</p>
<p>NG withdrawals slowed for the most recent reporting week (week ending January 26) to a net 99 Bcf. This differs from the average net withdrawal for the stated week (160 Bcf) and slightly above last year's total for the same week (92 Bcf). The slackening withdrawal has resulted in a return of current inventory to just within the working five-year range, although more than 400 Bcf below the current five-year average.</p>
<p>It would appear that the moderated…</p>
<p>Another quick update:</p>
<p>NG withdrawals slowed for the most recent reporting week (week ending January 26) to a net 99 Bcf. This differs from the average net withdrawal for the stated week (160 Bcf) and slightly above last year's total for the same week (92 Bcf). The slackening withdrawal has resulted in a return of current inventory to just within the working five-year range, although more than 400 Bcf below the current five-year average.</p>
<p>It would appear that the moderated demand and current ENSO and short-to-moderate term prediction models has had a depressing effect on current spot and future pricing in natural gas. NOAA Climate Prediction Center currently projects a further weakening of La Nina to a more ENSO-neutral environment with the coming spring. Lower than normal predicted temperatures persist only in the upper Northwest and Midwest, with a neutral to above-normal expectation along the Eastern Seaboard and New England.</p>
<p>Links:</p>
<p><a href="http://ir.eia.gov/ngs/ngs.html" target="_blank" rel="noopener">Natural Gas Storage Report</a></p>
<p><a href="http://www.cpc.ncep.noaa.gov/products/predictions/90day/fxus05.html" target="_blank" rel="noopener">Seasonal Forecast Outlook and Discussion</a></p> Thanks for the update and ana…tag:gohaynesvilleshale.com,2018-01-31:2117179:Comment:36646772018-01-31T12:34:07.125ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Thanks for the update and analysis, Dion.</p>
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<p>Thanks for the update and analysis, Dion.</p>
<p></p> Quick bump on this thread -
W…tag:gohaynesvilleshale.com,2018-01-31:2117179:Comment:36645722018-01-31T03:32:24.233ZDion Warr, CPLhttps://gohaynesvilleshale.com/profile/DionWarr
<p>Quick bump on this thread -</p>
<p>While the headline two weeks ago was properly focused on the record natural gas draw, what has escaped some notice has been then both the four-week draw and its impact on natural gas stores. The two-, three- and four-week draws are also coming off of historic cumulative drawdowns.</p>
<p>For the first down since records have been kept, four-week withdrawals rose above 1 Tcf (1,036 Bcf, topping the previous mark of 980 Bcf). The effect of this development…</p>
<p>Quick bump on this thread -</p>
<p>While the headline two weeks ago was properly focused on the record natural gas draw, what has escaped some notice has been then both the four-week draw and its impact on natural gas stores. The two-, three- and four-week draws are also coming off of historic cumulative drawdowns.</p>
<p>For the first down since records have been kept, four-week withdrawals rose above 1 Tcf (1,036 Bcf, topping the previous mark of 980 Bcf). The effect of this development has taken current natural gas inventories from 6% below five year average and well within five-year range to 17.5% below the five-year average and outside the five year range by 2.5%. According to EIA, should weekly draws merely track the five-year average for the remainder of the heating season (through March 31), working gas stocks will approach 1.2 Tcf (29% below five-year average).</p>
<p>It would appear that a larger than average drawdown awaits us tomorrow as well - tune in for updates.</p> - i just got a head's up fro…tag:gohaynesvilleshale.com,2018-01-16:2117179:Comment:36623282018-01-16T01:36:37.130Zjscottrxhttps://gohaynesvilleshale.com/profile/jscottrx
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<p>- i just got a head's up from my "n<span style="background-color: transparent; color: #000000; cursor: text; display: inline; float: none; font-family: &quot; helvetica neue&quot;,helvetica,arial,sans-serif; font-size: 13px; font-style: normal; font-variant: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-decoration: none; text-indent: 0px; text-transform: none; -webkit-text-stroke-width: 0px; white-space: normal; word-spacing: 0px;">ear…</span></p>
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<p>- i just got a head's up from my "n<span style="background-color: transparent; color: #000000; cursor: text; display: inline; float: none; font-family: &quot; helvetica neue&quot;,helvetica,arial,sans-serif; font-size: 13px; font-style: normal; font-variant: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-decoration: none; text-indent: 0px; text-transform: none; -webkit-text-stroke-width: 0px; white-space: normal; word-spacing: 0px;">ear west" Houston</span> complex management.</p>
<p>- <span style="display: inline !important; float: none; background-color: transparent; color: #000000; cursor: text; font-family: 'Helvetica Neue',Helvetica,Arial,sans-serif; font-size: 13px; font-style: normal; font-variant: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-decoration: none; text-indent: 0px; text-transform: none; -webkit-text-stroke-width: 0px; white-space: normal; word-spacing: 0px;">WARNING! ice Tue Wed.</span></p>
<p><span style="display: inline !important; float: none; background-color: transparent; color: #000000; cursor: text; font-family: 'Helvetica Neue',Helvetica,Arial,sans-serif; font-size: 13px; font-style: normal; font-variant: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-decoration: none; text-indent: 0px; text-transform: none; -webkit-text-stroke-width: 0px; white-space: normal; word-spacing: 0px;">- geebus Houston in Jan? just say the word ice and power responds bye-bye.</span></p>
<p><span style="display: inline !important; float: none; background-color: transparent; color: #000000; cursor: text; font-family: 'Helvetica Neue',Helvetica,Arial,sans-serif; font-size: 13px; font-style: normal; font-variant: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-decoration: none; text-indent: 0px; text-transform: none; -webkit-text-stroke-width: 0px; white-space: normal; word-spacing: 0px;">- lol. "they" got us good with Harvey. (no. the other Harvey. that wa LA-CA's Harvey lmao).</span></p>
<p><span style="display: inline !important; float: none; background-color: transparent; color: #000000; cursor: text; font-family: 'Helvetica Neue',Helvetica,Arial,sans-serif; font-size: 13px; font-style: normal; font-variant: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-decoration: none; text-indent: 0px; text-transform: none; -webkit-text-stroke-width: 0px; white-space: normal; word-spacing: 0px;">- now i guess "they" may have a go with ice. </span></p>
<p><span style="display: inline !important; float: none; background-color: transparent; color: #000000; cursor: text; font-family: 'Helvetica Neue',Helvetica,Arial,sans-serif; font-size: 13px; font-style: normal; font-variant: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-decoration: none; text-indent: 0px; text-transform: none; -webkit-text-stroke-width: 0px; white-space: normal; word-spacing: 0px;">- but "their" snow was delightful.</span></p>
<p><span style="display: inline !important; float: none; background-color: transparent; color: #000000; cursor: text; font-family: 'Helvetica Neue',Helvetica,Arial,sans-serif; font-size: 13px; font-style: normal; font-variant: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-decoration: none; text-indent: 0px; text-transform: none; -webkit-text-stroke-width: 0px; white-space: normal; word-spacing: 0px;">- geebus i better go shoppin' lol.</span></p>
<p><span style="display: inline !important; float: none; background-color: transparent; color: #000000; cursor: text; font-family: 'Helvetica Neue',Helvetica,Arial,sans-serif; font-size: 13px; font-style: normal; font-variant: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-decoration: none; text-indent: 0px; text-transform: none; -webkit-text-stroke-width: 0px; white-space: normal; word-spacing: 0px;">- { `_`} (-_- ) .</span></p>
<p></p> Now, if the lower 48 can just…tag:gohaynesvilleshale.com,2018-01-16:2117179:Comment:36625202018-01-16T01:21:42.722ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Now, if the lower 48 can just stay below freezing for the next two months.......</p>
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<p>Now, if the lower 48 can just stay below freezing for the next two months.......</p>
<p></p> - - ((((((((((((((((((((((((…tag:gohaynesvilleshale.com,2018-01-16:2117179:Comment:36624252018-01-16T01:18:39.274Zjscottrxhttps://gohaynesvilleshale.com/profile/jscottrx
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<p style="text-align: center;"><span style="font-size: 8pt;">- - (((((…</span></p>
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<p style="text-align: center;"><span style="font-size: 8pt;">- - (((((<span style="background-color: transparent; color: #000000; font-family: &quot; helvetica neue&quot;,helvetica,arial,sans-serif; font-size: 10.66px; font-style: normal; font-variant: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-decoration: none; text-indent: 0px; text-transform: none; -webkit-text-stroke-width: 0px; white-space: normal; word-spacing: 0px;">((((((((((((((((((((((((((((((((((((((((((((()))))))))))))))))))))))))))))))))))))))))))))</span>))))) - -</span></p>
<p style="text-align: center;">- cheap. abundant. homegrown. clean. natural. gas. -</p>
<p style="text-align: center;"><span style="font-size: 14pt;"><strong><span style="text-align: left; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'Helvetica Neue',Helvetica,Arial,sans-serif; font-style: normal; font-variant: normal; text-decoration: none; word-spacing: 0px; display: inline !important; white-space: normal; cursor: text; orphans: 2; float: none; -webkit-text-stroke-width: 0px; background-color: transparent;">n</span><span style="text-align: left; color: #333333; text-transform: none; text-indent: 0px; letter-spacing: normal; font-style: normal; font-variant: normal; text-decoration: none; word-spacing: 0px; display: inline; white-space: normal; orphans: 2; float: none; -webkit-text-stroke-width: 0px; background-color: transparent;">atural gas</span></strong></span></p>
<p style="text-align: center;"><font color="#001000">- good for america. good for the world. -</font></p>
<p style="text-align: center;"><span style="background-color: transparent; color: #000000; font-family: &quot; helvetica neue&quot;,helvetica,arial,sans-serif; font-size: 10.66px; font-style: normal; font-variant: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-decoration: none; text-indent: 0px; text-transform: none; -webkit-text-stroke-width: 0px; white-space: normal; word-spacing: 0px;">- - (((((<span style="background-color: transparent; color: #000000; font-size: 10.66px; font-style: normal; font-variant: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-decoration: none; text-indent: 0px; text-transform: none; -webkit-text-stroke-width: 0px; white-space: normal; word-spacing: 0px;">((((((((((((((((((((((((((((((((((((((((((((()))))))))))))))))))))))))))))))))))))))))))))</span>))))) - -</span></p>
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<p>- lol. { `_`} .</p>
<p></p> The current raw source report…tag:gohaynesvilleshale.com,2018-01-12:2117179:Comment:36619922018-01-12T05:03:07.190ZDion Warr, CPLhttps://gohaynesvilleshale.com/profile/DionWarr
<p>The current raw source report is available from EIA:</p>
<p><a href="http://ir.eia.gov/ngs/ngs.html" target="_blank" rel="nofollow noopener">Weekly Gas Storage Report</a></p>
<p>This beat consensus estimates by an average of 25 Bcf...</p>
<p>The current raw source report is available from EIA:</p>
<p><a href="http://ir.eia.gov/ngs/ngs.html" target="_blank" rel="nofollow noopener">Weekly Gas Storage Report</a></p>
<p>This beat consensus estimates by an average of 25 Bcf...</p> I don’t subscribe to NGIntel…tag:gohaynesvilleshale.com,2018-01-12:2117179:Comment:36618892018-01-12T04:51:55.082ZM B Gilsterhttps://gohaynesvilleshale.com/profile/MBGilster
<p>I don’t subscribe to NGIntel but was able to read the article shortly after David posted it here today.</p>
<p>I don’t subscribe to NGIntel but was able to read the article shortly after David posted it here today.</p> sorry...can't read the story…tag:gohaynesvilleshale.com,2018-01-12:2117179:Comment:36620762018-01-12T04:42:32.904ZJHHhttps://gohaynesvilleshale.com/profile/JackHodges
<p>sorry...can't read the story unless you subscribe. thanks anyway.</p>
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<p>sorry...can't read the story unless you subscribe. thanks anyway.</p>
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