US NatGas Supply/Demand balance as of 05-15-2020

Today U.S. NatGas total daily supply estimed higher than yesterday to 92.3 bcf while demand is lower to 74.1 bcf. HDDs are forecasted below 2019 levels. General picture is still bearish after weekly EIA natural gas inventories rose by 103 bcf last week, 20.6% above 5 years average. Through the first 7 weeks of the injection season, 436 BCF has been added to natural gas storage.

US NatGas supply and demand as of 5-15-2020
US NatGas supply and demand as of 5-15-2020
US Natural Gas HDDs and Powerburn
US Natural Gas HDDs and Powerburn

*Supply includes production, Canadian imports and net LNG

For interactive chart click here

Source: NGSA/SP GLOBAL PLATTS, EIA, NOOA

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