|
Support Celsius Energy & Access Premium Features!
As Celsius Energy continues to grow, costs and the time commitment to keep the site maintained build rapidly. For this reason, I am offering premium features for a small monthly fee to help support the site. These include:
-Password-protected access to Celsius Energy's oil & natural gas portfolio.
-Daily Commentaries, a 2000-3000 word 5x per week treatise on natural gas fundamentals & trading outlook and strategies
Click Here To Learn More
|
|
|
|
Summary Dashboard
Click on each box for more details
Celsius Energy Twitter Feed
|
|
Friday Daily Commentary For Subscribers
|
Natural Gas Plunges Nearly 4% After Investors Ignore Neutral EIA-Reported Storage Injection & (Over)React To Moderating Near-Term Temperature Outlook; Exceptionally Bullish Injection Expected This Week As Heating Demand Soars; Gas Demand To Fall Sharply Today As Northeast Moderates Before Reinforcing Shot Of Arctic Air Arrives This Weekend; Volatile Trading To Continue
Friday, October 19, 2018
This Daily Commentary is available to current Premium Membership Subscribers. Subscribers gain access to these 1500-3000 word commentaries 5 times per week as well as access to my realtime Oil & Natural Gas Portfolio. To learn more about subscribing and helping to support the site, please click HERE.
In its weekly Natural Gas Storage Report for October 6-12, the EIA announced Thursday morning that inventories rose by +81 BCF. This was 2 BCF smaller than my +83 BCF projection but 2 BCF bearish versus the 5-year average, or effectively neutral. With the injection, natural gas inventories rose to 3037 BCF while the storage deficit versus the 5-year average contracted slightly to -605 BCF or -17%. As has become a pattern, the bearishness of the injection was driven by the East and Midwest regions whose +22 BCF and +37 BCF injections were 4 BCF and 9 BCF larger than each region's respective 5-year averages. As a result, the East region's storage deficit versus the 5-year average fell to just -75 BCF or -8%, by far the smallest % deficit or any region, with the Midwest in second place at -12%. Bearish builds in these regions have been due to a combination of above-average temperatures that weren't hot enough to drive powerburn and surging production across the Marcellus Shale without...
Continue Reading Full Article (FOR SUBSCRIBERS)...
Last 3 Daily Commentaries:
Click HERE For Full 30-Day Archive
|
|
Popular Charts, Tables, & Maps
|
Disclaimer: Natural Gas & Oil Storage Projections, Intraday Natural Gas Stats, Renewable Energy Stats, Morning Reports, and fundamental pricing models are released by Celsius Energy as experimental products. While they are intended to provide accurate, up-to-date data, they should not be used alone in making investment decisions, or decisions of any kind. Celsius Energy does not make an express or implied warranty of any kind regarding the data information including, without limitation, any warranty of merchantability or fitness for a particular purpose or use. See full Privacy Policy HERE.
