Natural Gas Inventory Data:, Get Latest News and Updates on Natural Gas Inventory Data.Natural-gas prices rally on the back of the smaller-than-expected rise in U.S. supplies, while oil futures retreat after hitting the highest levels since July.Market ebbs and flows are due to reduced inventories on the up side, with prices.Natural Gas Intelligence (NGI), is a leading provider of natural gas, shale news and market information for the deregulated North American natural gas industry.U.S. natural gas inventories climbed last week to an all-time high, the fourth straight year a record high has been hit at this point in the season.Banking Energy by Elias Hinckley Latest: Opening The Floodgates On Clean Energy Deployment In The U.S.When I finish the 5th, then I will have time to put up something new.
The gas can be owned by either the gas producer or the customer.Natural gas inventory declined more than expected, well below the five-year average, and the inventory level now exceeds the five year average.
The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 152 billion cubic feet for the week.I predict that we will drop below the previous all-time low of 642 bcf from 2003.Obviously you could have extrapolated any of those previous years to zero, but the point is that inventories generally start to rebuild after March 28th.I assume that some might be available in an emergency but it is needed to maintain proper pressure and flow. Stay tuned.
Natural Gas Inventory Remains Above 5-Year AverageGerman coal plants, burning cheap coal imported from the USA, were price competitive with French nukes.
But I understand, critical thought is are so very rare these days.
Natural Gas Prices Are Rising, As Inventory and Seasonal
If withdrawals continue at the current pace, the inventory level would reach zero the week of March 28th (see the figure below), which is usually around the time inventories start to recover.
Larger-than-Expected Draw in Natural Gas InventoriesLower US natural gas prices expected following strong build in inventories - Read this Platts natural gas news article here.If the inventory levels increase abnormally as opposed to the same period in the previous year, it indicates sluggish demand and thus results in a correction.Natural gas futures are up in the first week of September, after a two-week low.Some of this is no longer needed due to greater efficiency (light bulbs, appliances, HVAC and more).After inventories continued to fall further, natural gas prices jumped 4 percent.Free market news and expert analysis and insight with the latest natural gas prices and shared market experience and expectation from fellow traders.
Prior to the release of each inventory report, weather forecasts tend to affect the price of crude as well as natural gas.The interpretation of the crude and natural gas reports are as follows.
Natural gas inventories still tight - Business - Oil
This would put the US about one more cold snap from sending natural gas prices to the moon.In fact, the winter of 2011-2012 failed to pull gas inventories below 2 tcf for the first time in over 20 years.
» Storage of Natural Gas NaturalGas.org
The crude and natural gas prices tend to rise or fall based on the variance of the inventory values Year-on-Year.Get detailed information about Natural Gas Futures including Price, Charts, Technical Analysis, Historical data, Reports and more.Correspondingly, bad weather such as hurricanes, blizzards etc., can drive the demand for generator fuel and heating oil, thus driving demand for crude.According to the Energy Information Administration, strong production means U.S. natural gas inventories are hitting record highs this fall.If anyone really understands the action in the natural gas futures market, please write.For example, in September 2016, Natural Gas prices fell, due to the perception that the demand may not be sufficient to decrease stockpiles significantly.
There must be a few good reasons to express why we are stuck at 22 comments and in a seemingly endless holding pattern.Despite a bullish EIA report, bloated storage levels and mild weather forecast continue to restrict natural gas prices.Two very good cases in point where inventories were either abnormally high or low were 2003 and 2012.Demand for natural gas is expected to be low over the course of the next week as warmer weather will blanket most of the country.Energy Outlook Latest: Condensate Pries Open the Oil Export Lid.