inventory Archives - Page 2 of 3

Natural Gas Roundup for the Week Ended December 26, 2014

December 31, 2014

NATURAL GAS INVENTORY (Week Ended 12/26/14) Current: 3,220 Bcf Actual Injection/(Withdrawal): (26) Bcf Economist Average Estimate: (35) Bcf Previous: 3,246 Bcf Click here for the chart with five year averages. Click here for an archive of EnerCom’s Inventory Reports. ANALYST COMMENTARY UBS Investment Research (12.31.14) Storage withdrawal below expectations Storage fell 26 Bcf, below consensus expectations of 32 Bcf and the UBSe range

Natural Gas Roundup for the Week Ended December 12, 2014

December 18, 2014

NATURAL GAS INVENTORY (Week Ended 12/05/14) Current: 3,295 Bcf Actual Injection/(Withdrawal): (64) Bcf Economist Average Estimate: (61) Bcf Previous: 3,359 Bcf Click here for the chart with five year averages. Click here for an archive of EnerCom’s Inventory Reports ANALYST COMMENTARY **All notes from 12/18/14** KLR Group Storage overview The EIA reported a 64 Bcf storage draw, 2 Bcf above our 62 Bcf

Natural Gas Price Forecast: Is the Crude Oil Swoon a Sign of Things to Come?

October 23, 2014

The drop in crude oil prices is well documented, but will natural gas follow suit with winter approaching? The West Texas Intermediate spot prices closed at a two year low of $80.52 yesterday, down a total of $19.90 in the last three months (22.9% overall). Price cuts from Saudi Arabia have prompted the market to focus solely on supply news

Natural Gas Revisited: What will Storage Builds do for Spot Prices?

September 4, 2014

The Energy Information Administration reported a build of 79 Bcf for the week ended August 29, 2014, in its latest Weekly Storage Report. The new inventory total of 2,709 Bcf is 471 Bcf less than 2013 and 495 Bcf below the five-year average (approximately a 15% difference). The build marks the 18th straight week of gains greater than 74 Bcf,

Natural Gas Inventory to Recover with Cooler Summer: Weather Services International

July 21, 2014

Weather Services International (WSI), a division of Weather Central, expects natural gas inventory numbers to largely recover in the coming months due to below-average temperatures in the “northern and central Rockies eastward across the Great Lakes and Ohio Valley regions,” according to its seasonality report on July 21, 2014. Above-average temperatures are expected in the Southeast and Pacific Northwest, with

Natural Gas Prices Sink to Lowest Levels in Months—What’s Next?

July 9, 2014

Prices for natural gas fell to a near six-month low early this week following forecasts for lower summer temperatures. On July 9, contracts for August gas traded as low as at $4.17 per thousand cubic feet (Mcf) on the New York Mercantile Exchange. “Cooling patterns expected to hit the Midwest and Northeast over the next six to 10 days have

Crude Oil Cuttings (Week Ended 7/5/13)

July 10, 2013

Crude Oil Inventory/’000 BBLS Current: 373,918 Actual Build/(Withdrawal): (9,874) Economist Average Estimate: (3,114) Previous: 383,792 Click here for the chart with five year averages. CRUDE OIL IN THE MEDIA *Fracking Firms Face New Crop of Competitors – WSJ So many companies have jumped into the hydraulic-fracturing business that the price of performing the key part of the oil- and gas-drilling

Crude Oil Cuttings (Week Ended 4/26/13)

May 1, 2013

CRUDE OIL INVENTORY/’000 bbls (Week Ended 4/3/13) Current: 395,284 Actual Build/(Withdrawal): 6,696 Economist Average Estimate: 1,018 Previous: 388,588 Click here for the chart with five year averages. CRUDE OIL IN THE MEDIA *Bakken, Three Forks Has More Oil Than 2008 Estimate: USGS – Bloomberg Oil resources in shale formations of North Dakota, Montana and nearby states are 7.4 billion barrels,

Natural Gas Roundup (Week Ended 4/19/13)

April 25, 2013

NATURAL GAS INVENTORY Current: 1,734 Bcf Actual Injection/(Withdrawal): 30 Bcf Economist Average Estimate: 32 Bcf Previous: 1,704 Bcf Click here for the chart with five year averages. NATURAL GAS IN THE MEDIA *Pressure Mounts on US to Export Natural Gas – CNBC As the U.S. produces more of its own energy, pressure is mounting on the federal government to move

Crude Oil Cuttings (Week Ended 4/12/13)

April 17, 2013

CRUDE OIL INVENTORY/’000 bbls Current: 387,641 Actual Build/(Withdrawal): (1,233) Economist Average Estimate: 1,082 Previous: 388,874 Click here for the chart with five year averages. IN CASE YOU MISSED IT *VIDEO: U.S. Need for Oil Is `Shrinking,’ Petrie Says – Bloomberg Thomas Petrie, chairman of Petrie Partners, talks about U.S. energy independence and the outlook oil prices and refineries. Petrie speaks with Tom Keene and

Natural Gas Roundup (DOE Inventory Update)

April 11, 2013

NATURAL GAS INVENTORY (Week Ended 4/5/13) Current: 1,673 Bcf Actual Injection/(Withdrawal): (14) Bcf Economist Average Estimate: (16) Bcf Previous: 1,687 Bcf Click here for the chart with five year averages. NATURAL GAS IN THE MEDIA *Fracking Doesn’t Cause Significant Earthquakes, Study Says – Bloomberg Hydraulic fracturing used to access oil and gas from rock and shale hasn’t caused “significant” earthquakes, according to a

It’s a Big Gas World!

October 11, 2012

NATURAL GAS INVENTORY (Week Ended 10/5/12) Current: 3,725 Bcf Actual Injection/(Withdrawal): 72 Bcf Economist Average Estimate: 79 Bcf Previous: 3,653 Bcf Click here for the chart with five year averages. NATURAL GAS IN THE MEDIA *Houston firm drilling exploratory well in NY shale – Houston Chronicle A Houston company has begun drilling a vertical well to explore the potential of

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