US NatGas Supply/Demand balance as of 05-22-2020

Today U.S. NatGas total daily supply estimed below 90 bcf for the fourth time in a row, while demand is down to 76.2 bcf. HDDs are forecasted below 2019 levels. General picture is still bearish after weekly EIA natural gas inventories rose by 81 bcf last week, 19.4% above 5 years average. Natural Gas inventory difference vs 5yr avg is +407 Bcf.

US NatGas Supply/Demand balance as of 05-22-2020
US NatGas Supply/Demand balance as of 05-22-2020
Natural Gas HDDs and Powerburn
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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