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US Unchanged on Mixed Weather and Steady Supplies

NATGAS

US Natgas holding steady with mixed weather forecasts and stable supplies.

    • US Natgas JAN 23 down -0.3% at 7.22$/mmbtu
  • Temperatures across the country are expected at or below normal for much of the two week outlook. Temperatures are forecast to be below normal in the West and warmer weather in the Gulf Coast region could fall back towards normal the end of the forecast. Current domestic lower 48 consumption is estimated at 85.1bcf/d.
  • Dry gas production has been holding steady since September with today estimated at 100.8bcf/d.
  • Deliveries to LNG export terminals are today back up to 12.78bcf/d with a recovery in flows to Sabine Pass LNG.
  • Exports to Mexico were yesterday back up to 6.38bcf/d after seeing a dip below 6bcf over last weekend.

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