Daily Commentaries

Today's Daily Commentary

Friday, December 14, 2018
Natural Gas Reverses Gains As EIA Reports Smaller-Than-Expected Storage Withdrawal and Computer Models Continue To Trend Milder; Crude Oil Bounces On Saudi Export Cut Pledge; Natural Gas Supply Continues To Rise As Production Falls But Canadian Imports Bounce; Gas Demand To Fall For A Fifth Straight Day Today With Single-Digit Draw Expected

Daily Commentaries For The Last 30 Days:

Thursday, December 13, 2018
Natural Gas Sell-Off Continues As Temperatures Warm Nationwide; Crude Oil Erases Gains After EIA Reports Much Smaller-Than-Expected Decline In Inventories; EIA Projected To Announce A Neutral -82 Storage Withdrawal In Today's Report; Gas Demand To Fall For A Fourth Straight Day Today With Single-Digit Daily Draw Expected

Wednesday, December 12, 2018
Natural Gas Prices Come Under Pressure As The Most Sustained Stretch Of Bearish Temperatures In 9 Months Take Aim On The Lower 48; EIA Forecast To Announce Exceptionally Bullish -10.2 MMbbl Crude Oil Inventory Draw In Today's Petroleum Report (But Don't Count Your Chickens Just Yet); Gas Demand To Fall For Third Straight Day Today

Tuesday, December 11, 2018
Natural Gas Rallies As Threat Of Late-December Cooldown Disrupts An Otherwise Bearish Forecast; Crude Oil Tumbles 3% As Investors Focus On Threats To Demand Following EIA Production Cuts; Daily Natural Gas Storage Withdrawal To Fall Below The 5-Year Average Today As Warm-Up Builds Up Steam; Nuclear Outages & Natural Gas Substitution Demand Continue To Drop

Monday, December 10, 2018
The Warm-Up Is Real, The Warm-Up Is Here: Natural Gas Demand To Begin Week-Long Tumble Today As Pattern Shift Brings Milder Temperatures; Domestic Gas Production Tops All-Time High For Third Straight Week; Oil Rallies, But Falters Late, After OPEC & Russia Agree To Production Cuts

Friday, December 7, 2018
Natural Gas Falls 3% Ahead Of Today's Delayed EIA Natural Gas Storage Report With A Slightly Bullish -61 BCF Withdrawal Expected; Crude Oil Tumbles Despite Surprise EIA-Reported Inventory Draw As OPEC Unable To Come To A Production Cut Deal; Gas Demand To Remain Above-Average Through The Weekend Before Rapid Warm-up Begins By The Middle Of Next Week

Thursday, December 6, 2018
Model Wars: Near- & Long-Term Computer Model Outlooks Continue To Differ Regarding Upcoming Warm-Up; EIA Projected To Announce Bullish Natural Gas Storage Withdrawal But Bearish Crude Oil Inventory Build In Today's Twin Reports; Oil Investors Eye Vienna Production Cut; Gas Demand To Fall Today Ahead Of Resurgent Arctic Air

Tuesday, December 4, 2018
Natural Gas Tumbles To Start December As Bulls Wary Of Mid-December Warm-Up, Even As Short- And Long-Term Models Trend Colder On Monday; Crude Oil Surges On A Deluge Of Bullish News, But Don't Count Your Chickens Just Yet On $60/Barrel WTI; Gas Demand To Rise Today As Below-Average Temperatures Encompass The Nation

Monday, December 3, 2018
Natural Gas Set To Drop & Crude Oil Set To Surge In Action-Packed Monday Trade; Gas Demand To Rebound Today After Weekend Nadir, But Is Poised To Go Much Higher By Late-Week As Arctic Air Moves Back South; Computer Models Push Back The Onset Of Mid-December Warmup, But It's Still Coming And That's A Problem If You're A Bear

Friday, November 30, 2018
Natural Gas Cuts Into Losses Despite Smaller-than-Expected -59 BCF Inventory Withdrawal As Near-Term Temperature Outlook Trends Colder; Is The Mid-December Warm-Up Off The Table?; Gas Demand To Tumble Over The Weekend Before Potent Arctic Blast Arrives Midweek & Sends Withdrawals Soaring; Oil Investors Don't Want To Be Short Heading Into The G20

Thursday, November 29, 2018
Natural Gas Spikes 11% On Wednesday To New 2-Week High Ahead Of Next Week's Arctic Blast, But Overnight Model Divergence Increases Mid-December Uncertainty; Crude Oil Falls To 52-Week Low After 10th Straight Inventory Build; EIA Projected To Announce Modestly Bullish -70 BCF Withdrawal In Today's Report; LNG Demand Hits New All-Time High

Wednesday, November 28, 2018
Natural Gas Volatility Hits Pause As Investors Eye Computer Model Handling Of Impending Arctic Outbreak & Subsequent Mid-December Warm-Up; EIA Forecast To Announce Bearish +3.5 MMbbl Crude Oil Inventory Build, But Bullish Distillates Draw; Realtime Natural Gas Inventories Projected To Fall Below 3,000 BCF Today, 42 Days Ahead Of The 5-Year Average

Tuesday, November 27, 2018
Natural Gas Falls To Start The Week, But Recovers Most Of Its Early Session Losses As Models Still Struggling With December Forecast; Gas Demand To Peak For The Week Today With Bullish -20 BCF Daily Withdrawal As Arctic Air Dominates Heartland; Natural Gas Projected To End Heating Season Above 1200 BCF, Allaying Storage Fears

Monday, November 26, 2018
Natural Gas Poised For Pullback To Start The Week As Mid-December Pattern Shift Possible; Gas Demand To Surge Today After Bearish Weekend As Temperatures Tumble Behind Midwestern Blizzard; Feedgas Demand To Third LNG Export Plant Rises To New High; New Advanced Model Page Now Available

Friday, November 23, 2018
EIA Reports Larger-Than-Expected -134 BCF Natural Gas Storage Withdrawal, But Prices Slide After Computer Models Hint At Warm-Up; Gas Demand To Fall Today As Record Northeast Chill Moderates With Daily Storage Injection Possible Saturday; Crude Oil Prices Set To Drop After EIA Reports Disappointing 9th Straight Inventory Build

Tuesday, November 20, 2018
Natural Gas Surges 10% To Open The Week, But Is Set To Open Lower This Morning As Volatile Near-Term Computer Models Trend Abruptly Warmer; Gas Demand Rises Today With Projected Realtime Inventories Falling Under 3100 BCF As Potent Arctic Blast Overspreads The East; Natural Gas Now Long-Term Overvalued According To Fair Price Analysis, Even Accounting For Arctic Air

Monday, November 19, 2018
Natural Gas Set To Open The Week With Additional Gains As Computer Models Cool; Long Trade Now Exceptionally Overcrowded, Which Will Be A Problem Someday (But Not Today); Gas Demand To Fall Today As East Coast Warms Ahead Of Quick-Hitting Thanksgiving Arctic Shot; Nuclear Reactor Outages Slide As Natural Gas Prices Rise

Thursday, November 15, 2018
Irrational Exuberance: Natural Gas Sees Largely Daily Gain In 14 Years On Prospect Of Late-November Cold Snap, Plus A Healthy Dose Of Speculation; EIA Projected To Announce Bearish Oil & Natural Gas Builds In Today's Twin Storage Reports; Gas Demand Falls Today Ahead Of The Next Arctic Intrusion

Wednesday, November 14, 2018
Don't Get Greedy (And Don't Panic) Edition: Natural Gas Surges To New 4-Year High While Oil Plumbs The Depths Of A Bear Market, Setting New Records For Futility; Gas Demand Expected To Peak Today With Daily Draw Typical For Early February As Southern Winter Storm Gears Up; Computer Models Trend Away From Rapid Warming, But Also Blunt Third Arctic Wave

Tuesday, November 13, 2018
Pain & Gain: Natural Gas Rallies, Laying Waste To The Bears In Late-Session Rally As Computer Models Trend Colder (Again); Gas Demand Rises Today As Second Wave Of Arctic Air Expands Across The Heartland; 11-Day Oil Slide Now The Longest On Record; An Analysis Of My Oil & Natural Gas Portfolio's 5 Monday Trades

Monday, November 12, 2018
Natural Gas Surges To 3-Year High On Relentless Influxes Of Arctic Air As Natural Gas Makes A Run At $4.00--But Keep An Eye On Late November Warmth; Realtime Inventories To Crash Through 3200 BCF Today With Triple Digit Storage Withdrawal Expected This Week; Crude Oil Losing Streak Now The Longest In 24 Years, But A Bounce Is In The Works

Friday, November 9, 2018
The Polar Vortex Arrives As Natural Gas Demand Steamrolls Higher; Record Storage Withdrawal Expected Next Week As Reinforcing Shots Of Arctic Air Will Keep The Heaters Running; EIA Reports Larger-Than-Expected Storage Injection & Loosening Supply/Demand Imbalance, But Investors Don't Care; Crude Oil Slides Into Bear Market

Thursday, November 8, 2018
Natural Gas Wants To Trade Lower--But Mother Nature Won't Let It; EIA Projected To Announce Modestly Bearish +63 BCF Natural Gas Storage Injection In Today's Report; First Daily Inventory Draw Of The Season Expected Today As Arctic Air Funnels Southward; Oil Falls To New 8-Month Low After EIA Reports Seventh Straight Storage Build & New Production Record