04/18/2024 | Press release | Distributed by Public on 04/18/2024 13:53
Note: Beginning June 11, 2024, we will publish the shale gas tight oil production data in the Short-Term Energy Outlook data tables.
Recent Today in Energy analysis of natural gas markets is available on the EIA website.
Daily spot prices by region are available on the EIA website.
See also:
TopSpot Prices ($/MMBtu) |
Thu,
11-Apr |
Fri,
12-Apr |
Mon,
15-Apr |
Tue,
16-Apr |
Wed,
17-Apr |
Henry Hub |
1.61
|
1.34
|
1.36
|
1.39
|
1.50
|
New York |
1.45
|
1.16
|
1.27
|
1.34
|
1.42
|
Chicago |
1.38
|
1.16
|
1.21
|
1.23
|
1.34
|
Cal. Comp. Avg.* |
1.71
|
1.59
|
1.53
|
1.42
|
1.55
|
Futures ($/MMBtu) | |||||
May contract |
1.764
|
1.770
|
1.691
|
1.732
|
1.712
|
June contract |
2.000
|
2.029
|
1.946
|
1.988
|
1.962
|
*Avg. of NGI's reported prices for: Malin, PG&E Citygate, and Southern California Border Avg. | |||||
Data source: NGI's Daily Gas Price Index |
U.S. natural gas supply - Gas Week: (4/11/24 - 4/17/24) | |||
Average daily values (billion cubic feet)
|
|||
this week
|
last week
|
last year
|
|
Marketed production |
112.7
|
113.7
|
114.3
|
Dry production |
99.4
|
100.3
|
101.4
|
Net Canada imports |
4.5
|
5.3
|
4.6
|
LNG pipeline deliveries |
0.1
|
0.1
|
0.1
|
Total supply |
104.0
|
105.7
|
106.1
|
Data source: S&P Global Commodity Insights |
U.S. natural gas consumption - Gas Week: (4/11/24 - 4/17/24) | |||
Average daily values (billion cubic feet)
|
|||
this week
|
last week
|
last year
|
|
U.S. consumption |
68.6
|
76.8
|
66.4
|
Power |
31.0
|
30.3
|
28.6
|
Industrial |
22.9
|
23.5
|
23.0
|
Residential/commercial |
14.7
|
23.1
|
14.8
|
Mexico exports |
6.0
|
6.0
|
5.7
|
Pipeline fuel use/losses |
8.1
|
8.7
|
8.1
|
LNG pipeline receipts |
10.9
|
12.6
|
14.5
|
Total demand |
93.7
|
104.1
|
94.7
|
Data source: S&P Global Commodity Insights |
Rigs | |||
Tue, April 09, 2024
|
Change from
|
||
last week
|
last year
|
||
Oil rigs |
506
|
-0.4%
|
-13.9%
|
Natural gas rigs |
109
|
-0.9%
|
-30.6%
|
Note: Excludes any miscellaneous rigs |
Rig numbers by type | |||
Tue, April 09, 2024
|
Change from
|
||
last week
|
last year
|
||
Vertical |
12
|
0.0%
|
-36.8%
|
Horizontal |
554
|
-0.5%
|
-18.9%
|
Directional |
51
|
0.0%
|
10.9%
|
Data source: Baker Hughes Company |
Working gas in underground storage | |||
Stocks
billion cubic feet (Bcf) |
|||
Region |
2024-04-12
|
2024-04-05
|
change
|
East |
379
|
362
|
17
|
Midwest |
528
|
512
|
16
|
Mountain |
167
|
165
|
2
|
Pacific |
230
|
229
|
1
|
South Central |
1,029
|
1,014
|
15
|
Total |
2,333
|
2,283
|
50
|
Data source: U.S. Energy Information Administration Form EIA-912, Weekly Underground Natural Gas Storage Report Note: Totals may not equal sum of components because of independent rounding. |
Working gas in underground storage | ||||
Historical comparisons
|
||||
Year ago
4/12/23 |
5-year average
2019-2023 |
|||
Region |
Stocks (Bcf)
|
% change
|
Stocks (Bcf)
|
% change
|
East |
358
|
5.9
|
307
|
23.5
|
Midwest |
443
|
19.2
|
380
|
38.9
|
Mountain |
83
|
101.2
|
90
|
85.6
|
Pacific |
80
|
187.5
|
158
|
45.6
|
South Central |
943
|
9.1
|
775
|
32.8
|
Total |
1,909
|
22.2
|
1,711
|
36.4
|
Data source: U.S. Energy Information Administration Form EIA-912, Weekly Underground Natural Gas Storage Report Note: Totals may not equal sum of components because of independent rounding. |
Temperature - heating & cooling degree days (week ending Apr 11) | ||||||
HDDs
|
CDDs
|
|||||
Region |
Current total
|
Deviation from normal
|
Deviation from last year
|
Current total
|
Deviation from normal
|
Deviation from last year
|
New England |
138
|
-13
|
21
|
0
|
0
|
0
|
Middle Atlantic |
112
|
-21
|
15
|
0
|
0
|
-1
|
E N Central |
111
|
-26
|
7
|
0
|
0
|
-1
|
W N Central |
109
|
-22
|
6
|
0
|
-1
|
-1
|
South Atlantic |
63
|
-5
|
-1
|
12
|
-1
|
-12
|
E S Central |
62
|
-1
|
2
|
0
|
-5
|
-2
|
W S Central |
23
|
-8
|
-20
|
24
|
8
|
14
|
Mountain |
141
|
17
|
34
|
1
|
-5
|
-5
|
Pacific |
91
|
19
|
18
|
0
|
-2
|
0
|
United States |
95
|
-8
|
9
|
5
|
0
|
-1
|
Data source: National Oceanic and Atmospheric Administration Note: HDDs=heating degree days; CDDs=cooling degree days |
Average temperature (°F)
7-day mean ending Apr 11, 2024
Data source: National Oceanic and Atmospheric Administration
Deviation between average and normal temperature (°F)
7-day mean ending Apr 11, 2024
Data source: National Oceanic and Atmospheric Administration