By cEntellect
In Daily Hot Topics - Natural Gas, Daily Hot Topics - Power
Posted

NOAA says El Nino will be late and weak

El Nino’s usually bring warm winters. Look for Dec-Jan-Feb to be absent El Nino, increasing probability of normal to cold winter.

By cEntellect
In Daily Hot Topics - Natural Gas, Daily Hot Topics - Power
Posted

US runs out of working natural gas in storage this winter?

If this trend continues, the US will run out of natural gas in storage on March 15, 2019, ~1-4 weeks early depending on temperature. End of storage withdraw season could be catastrophic for lack [...]

By cEntellect
In Daily Hot Topics - Crude, Daily Hot Topics - Natural Gas
Posted

USGS identifies undiscovered reserves in Delaware basin

Estimated reserves 46.3 billion BBL oil, 281 TCF of natural gas, and 20 billion BBL natural gas liquids. The Permian/Delaware basin is a low cost basin with massive reserves, other basins pale by [...]

By cEntellect
In Daily Hot Topics - Crude, Daily Hot Topics - Natural Gas, Daily Hot Topics - Power
Posted

Yield curve close to inverting, what happens next…

There are many yield curves, as function of start and stop point on the curve, and, while some have inverted, the two most important have not.

By cEntellect
In Daily Hot Topics - Crude, Daily Hot Topics - Natural Gas
Posted

OPEC+ losing influence

When OPEC expanded to OPEC+ membership, including Russia, OPEC influence collapsed and was replaced by bi-lateral agreements between Russia and Saudi Arabia.

By cEntellect
In Daily Hot Topics - Natural Gas
Posted

Natural gas rigs down -4% year on year

The catalyst is lack of pipeline takeaway capacity causing wide basin differentials stranding natural gas, creating little incentive to drill. There will be a deficit of market zone natural gas [...]