Withdrawal

Louisiana, Appalachia Lead Way as U.S. Natural Gas Production Sets Records

Louisiana, Appalachia Lead Way as U.S. Natural Gas Production Sets Records

U.S natural gas production as measured by gross withdrawals reached 90.9 Bcf/d in 2017, the highest volume on record, the U.S. Energy Information Administration reported Tuesday.

April 10, 2018
Implied EIA Storage Withdrawal Seen Looser; Natural Gas Futures Slide

Implied EIA Storage Withdrawal Seen Looser; Natural Gas Futures Slide

Natural gas futures pulled back Thursday after the Energy Information Administration (EIA) reported a weekly storage withdrawal that came in looser versus market expectations, although a reclassification resulted in a slightly larger net decrease to inventories overall.

April 5, 2018
Bearish EIA Storage Miss Makes Dent in Natural Gas Futures Rally Supported by Chilly April

Bearish EIA Storage Miss Makes Dent in Natural Gas Futures Rally Supported by Chilly April

The Energy Information Administration (EIA) reported a weekly natural gas storage withdrawal Thursday that missed to the bearish side of market expectations, and futures — trading higher on colder overnight weather trends — pulled back a few cents on the news.

March 29, 2018
EIA’s On Target 86 Bcf Draw Confirms No Urgent Storage Tightness

EIA’s On Target 86 Bcf Draw Confirms No Urgent Storage Tightness

Industry prognosticators hit it nearly right on the nose Thursday morning as the Energy Information Administration (EIA) reported that 86 Bcf was withdrawn from underground storage for the week ending March 16.

March 22, 2018
Natural Gas Futures Drop as EIA Storage Stats a Slightly Bearish Miss

Natural Gas Futures Drop as EIA Storage Stats a Slightly Bearish Miss

The Energy Information Administration (EIA) on Thursday reported a weekly storage withdrawal that missed to the bearish side of market expectations, and futures sold off a few cents on the news.

March 15, 2018
EIA Natural Gas Storage Figure Tighter Than Expected, Futures Near Even

EIA Natural Gas Storage Figure Tighter Than Expected, Futures Near Even

The Energy Information Administration (EIA) on Thursday reported a natural gas storage withdrawal that was slightly tighter than market expectations. Futures traded on both sides of even following the news.

February 22, 2018

March Natural Gas Called Lower on Overnight HDD Losses; Storage Report Awaits

March natural gas was set to open Thursday about 3 cents lower at around $2.556 as overnight weather data dropped some heating demand versus previous expectations.

February 15, 2018
EIA Storage Beats Market Estimates to Give Natural Gas Futures a Bump

EIA Storage Beats Market Estimates to Give Natural Gas Futures a Bump

The Energy Information Administration (EIA) on Thursday reported a triple-digit withdrawal from U.S. natural gas inventories that surprised to the bullish side of expectations, giving a small bump to a futures market weighed down by an unimpressive heating demand outlook.

February 15, 2018
EIA Reports Natural Gas Storage Pull Slightly Higher Than Expected; Futures Market Shrugs

EIA Reports Natural Gas Storage Pull Slightly Higher Than Expected; Futures Market Shrugs

The Energy Information Administration (EIA) on Thursday reported a weekly natural gas storage withdrawal that was slightly larger than market expectations, and futures traded in a narrow range following the release of the number.

February 8, 2018
EIA’s 288 Bcf Withdrawal Beats Expectations; Natural Gas Futures Lose Ground

EIA’s 288 Bcf Withdrawal Beats Expectations; Natural Gas Futures Lose Ground

The Energy Information Administration (EIA) reported a mammoth storage withdrawal Thursday that surprised to the bullish side of expectations, but prompt-month futures lost ground after rallying earlier in the week.

January 25, 2018