Friday, September 8, 2023

Natural Gas Summary... Week Ending 9-08-2023

The Energy Information Administration released their weekly report.


The Pacific Region continues to be slightly ahead of year ago numbers, but still below the 5 year average, although still improving.

The South Central Region continued the slide against year ago levels, but is still above 5 year average.

EIA.GOV, via SNL Energy
Now for a look at The European Union and United Kingdom.

[The reason for this observation is LNG, which has introduced the prospect of U.S. Natural Gas prices being affected by global demand for LNG. The EU and UK serve as a benchmark for these demand issues.]

Data from the Aggregated Gas Storage Inventory report...

Data per AGIS
The UK continues to reduce inventory, while Austria and Belgium slipped from last report.


Overall, NatGas prices slipped compared to last week.







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