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View Poll Results: Storage for EIA report date 6/14/12
Below 65 Bcf 2 7.14%
65 to 70 Bcf 3 10.71%
70 to 75 Bcf 8 28.57%
75 to 80 Bcf 13 46.43%
Above 80 Bcf 2 7.14%
Voters: 28. You may not vote on this poll

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  #1  
Old June 12th, 2012, 06:54 AM
Bubba gump gas Bubba gump gas is online now
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Default Storage estimates 6/14/12

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.
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Old June 12th, 2012, 07:03 AM
wolfoptiontrading wolfoptiontrading is offline
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Originally Posted by Bubba gump gas View Post
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
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  #3  
Old June 12th, 2012, 07:04 AM
watt watt is offline
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i stand by 74

Edit:

east +38
west +13
prod +23

Last edited by watt; June 12th, 2012 at 07:33 AM.
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  #4  
Old June 12th, 2012, 07:06 AM
researcher researcher is offline
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77 here
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Old June 12th, 2012, 07:08 AM
nofo nofo is offline
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whats the yoy and 5 yr?
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Old June 12th, 2012, 07:24 AM
wolfoptiontrading wolfoptiontrading is offline
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Originally Posted by nofo View Post
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
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  #7  
Old June 12th, 2012, 07:35 AM
kelkharadly kelkharadly is offline
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no poll?

TOT 78
E 51
W 13
P 14
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  #8  
Old June 12th, 2012, 08:13 AM
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ben2008 ben2008 is offline
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Default Storage for EIA report date 6/14/12

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
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Old June 12th, 2012, 08:15 AM
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ben2008 ben2008 is offline
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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.
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  #10  
Old June 12th, 2012, 08:52 AM
wolfoptiontrading wolfoptiontrading is offline
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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.
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