Storage

Lower natural gas injections over the past five weeks have reduced the likelihood of exceeding storage capacity. For the past month or so, gas injections into storage have trended lower…

The market is perilously oversupplied, but recent stats suggest disaster is less likely. Gas inventories are still on a path to test storage limits in October, November The gas market…

Last week's 120-Bcf increase in gas inventories is troublesome. Again we address that storage builds like those in 2019 can’t be tolerated for long. The chart below shows that last week's…

Storage builds like those in 2019 can’t be tolerated for long. Cash prices may need to move lower this summer.Demand for natural gas fell fast after social-distancing measures were implemented…