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Led by South Central, EIA Report Shows Massive First Storage Injection

Led by South Central, EIA Report Shows Massive First Storage Injection

The Energy Information Administration (EIA) reported a 23 Bcf injection into storage inventories for the week ending March 29, massively larger than the majority of expectations.

April 4, 2019
EIA Shocks with 96 Bcf Storage Build; July Natural Gas Falls

EIA Shocks with 96 Bcf Storage Build; July Natural Gas Falls

The Energy Information Administration (EIA) reported a 96 Bcf build into storage inventories for the week ending June 8, considerably higher than even the most bearish of expectations. Nymex July natural gas futures initially appeared to take the surprise build in stride as the prompt month barely budged after the storage report’s 10:30 a.m. release.

June 14, 2018

FPL Moving Ahead with Natural Gas-Fired, Solar Power Plans

Continuing a decade-long trend, Florida Power & Light (FPL) this month pushed ahead with plans for natural gas-fired and solar electricity generation facilities, but it intends to delay plans for two units at an existing nuclear plant.

March 15, 2018
Natural Gas Futures Slide Following On-Target Storage Figures

Natural Gas Futures Slide Following On-Target Storage Figures

November natural gas futures fell Thursday following a report by the Energy Information Administration (EIA) showing a storage build that was right on target with what traders were expecting.

October 26, 2017

Focus Turns to EIA Storage Report as September Called A Penny Lower

September natural gas is set to open about a penny lower Thursday as traders look ahead to the 10:30 a.m. EDT release of the Energy Information Administration’s storage report for the week ended Aug. 11.

August 17, 2017
Bullish Storage Build Puts Pressure on $3 Natural Gas

Bullish Storage Build Puts Pressure on $3 Natural Gas

Natural gas futures bulls received a dose of supportive fundamentals Thursday morning as the Energy Information Administration reported that a less-than-expected 28 Bcf was injected into underground storage for the week ended Aug. 4.

August 10, 2017

Traders See ‘Snoozer’ Storage Report; May Called 2 Cents Lower

May natural gas is expected to open 2 cents lower Thursday morning at $3.17 as neither expected near-term weather or anticipated government inventory figures give much incentive to make incremental purchases. Overnight oil markets rose.

April 13, 2017

‘Overbought’ October Contract Seen A Penny Higher

October natural gas is expected to open a penny higher Thursday morning at $3.07 as season-ending supplies equal to last year seem to be slipping away. Overnight oil markets rose.

September 22, 2016

Largest Build in Nearly 2 Months Expected; October Called 2 Cents Lower

October natural gas futures are expected to open 2 cents lower Thursday morning at $2.87 as traders balance a government report expected to show the largest inventory increase in nearly 2 months, with tropical storms expected to lessen Southeast demand. Overnight oil markets retreated.

September 1, 2016
Speakers Say Appalachian Manufacturing Base In Place to Build Strong Petchem Industry

Speakers Say Appalachian Manufacturing Base In Place to Build Strong Petchem Industry

Despite challenges ahead, all the pieces are in place to build a robust petrochemical industry in the Appalachian Basin and strengthen the existing chemical manufacturing base in and around the region, speakers at a recent industry conference argued.

July 5, 2016
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