ecco le previsioni di Ben.
Storage for EIA report date 2/6/14 this weeks storage poll is for week ending 1/31 and reported by EIA on 2/6.
observations:
last week was our second coldest of the season, just 12 hdds warmer than storage week ending 1/9.
zero cdds last week reflect the cold anomalies in the south, which helped greatly increase power generation demand for gas on both a net and weather adjusted basis.
residential/commercial demand was up by nearly 40 bcf from the previous week as cold hit the major demand centers of the midwest and northeast.
domestic production was down by around 6 bcf from the week prior as cold temps in northeast marcellus region slowed output.
increased imports from canada offset most of the lost supply in the region keeping total supply relatively stable week-over-week.
pipeline data continues to come in very strong for last week, indicating a potential draw around -285 bcf.
storage week total population weighted degree demand (HDD + CDD) --
last week: 266 (0cdd 266hdd)
previous week: 235 (0cdd 235hdd)
same week last yr: 197 (3cdd 194hdd)
avg: 224 (2cdd 222hdd)
next wk fcst 228 (3cdd 225hdd)
* source: NOAA
storage:
same week last yr: -129
5-yr avg: -151
*note: avg and last year storage figures are calculated using this historical data-set provided by eia:
http://ir.eia.gov/ngs/ngsstats.xls
my current estimate is -280 bcf