[Bubba gump gas]

Hopefully nothing has befallen Ben and he's just running a little late on his estimate posting.

Just to get the conversation rolling.........

Looks like a mid 70# might be in store for this week.

[wolfoptiontrading]

Originally Posted by Bubba gump gas Hopefully nothing has befallen Ben and he's just running a little late on his estimate posting. Just to get the conversation rolling......... Looks like a mid 70# might be in store for this week.

Edit:

Total 75:
E:44
P: 20
W:11

[watt]

i stand by 74

Edit:

east +38
west +13
prod +23

[researcher]

77 here

[nofo]

whats the yoy and 5 yr?

[wolfoptiontrading]

Originally Posted by nofo whats the yoy and 5 yr?

72 YoY
88 5-yr

Next Week
90 YoY
87 5-yr

Following Week
84 YoY
85 5-yr

[kelkharadly]

no poll?

TOT 78
E 51
W 13
P 14

[ben2008]

his weeks storage poll is for week ending 6/8 and reported by EIA on 6/14.


observations:
degree demand last week was down from the previous week and well below last years levels.
the cooler temperatures lowered generation demand for gas while residential and commercial demand increased.
return of coal and nuke units to service ahead of the summer season has cut into gas related power demand.
domestic gas supply was down from the week earlier as pipe and plant maintenance slowed flows at several locations.
offsetting the decline in output was increased imports from Canada.


storage week total population weighted degree demand (HDD + CDD) --
last week: 52 (32cdd 20hdd)
previous week: 70 (55cdd 15hdd)
same week last yr: 73 (60cdd 13hdd)
avg: 56 (38cdd 18hdd)
next wk fcst: 62 (59cdd 3hdd)
* source: NOAA


storage:
same week last yr: +72
5 yr avg: +88
*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 +73 bcf

[ben2008]

sorry so late guys.
was stuck traveling yesterday so didn't get a chance to post up the poll until now.
i just added the poll to your thread Bubba.

[wolfoptiontrading]

So I am curious.

If the ask on the Swap was 80, would anyone be buying it? Most of my models didn't get up that high but I did have a few. Mainly with P region being higher than my Thur night preliminary of 75 which I am sticking with.