{"id":4022,"date":"2018-11-02T10:19:26","date_gmt":"2018-11-02T14:19:26","guid":{"rendered":"https:\/\/www.fundamentalanalytics.com\/?p=4022"},"modified":"2018-11-02T10:19:26","modified_gmt":"2018-11-02T14:19:26","slug":"eia-insights-november-1-2018","status":"publish","type":"post","link":"https:\/\/www.fundamentalanalytics.com\/ar\/eia-insights-november-1-2018\/","title":{"rendered":"EIA Insights November 1, 2018"},"content":{"rendered":"<table id=\"m_1816438872216157333content_LETTER.BLOCK13\" style=\"font-size: 0.875rem;\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"5\" bgcolor=\"#FFFFFF\">\n<tbody>\n<tr>\n<td class=\"m_1816438872216157333MainSubTitle\" colspan=\"1\" rowspan=\"1\" align=\"right\">\n<div align=\"center\"><\/div>\n<div><strong><span class=\"m_1816438872216157333MainText\">EIA INSIGHTS\u00a0 November 1, 2018<\/span><\/strong><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a name=\"m_1816438872216157333_LETTER.BLOCK14\"><\/a><\/p>\n<table id=\"m_1816438872216157333content_LETTER.BLOCK14\" class=\"m_1816438872216157333BlockMargin\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"5\" bgcolor=\"#FFFFFF\">\n<tbody>\n<tr>\n<td class=\"m_1816438872216157333ArticleHeadBG\" colspan=\"1\" rowspan=\"1\" align=\"left\" bgcolor=\"#003880\" width=\"99%\">\n<div>Natural Gas<\/div>\n<\/td>\n<\/tr>\n<tr align=\"justify\">\n<td colspan=\"2\" rowspan=\"1\" align=\"justify\">\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div><strong>Injection Less Than Expectations<\/strong><\/div>\n<div><\/div>\n<div>\u00a0 \u00a0 \u00a0 \u00a0The EIA reported a 48 Bcf Injection for the week ending October 26, 2018. The injection was greater than the average, 39 Bcf, for this week of the year, and less than the average of expectations of a 52 Bcf injection. Expectations had a range from a 38 Bcf injection to a 66 Bcf injection.<\/div>\n<div><\/div>\n<div>\u00a0 \u00a0 \u00a0\u00a0Prices initially dropped with the release of the report and were choppy around the lows ending the day down 2 cents.<\/div>\n<div><\/div>\n<div>\u00a0 \u00a0 \u00a0\u00a0As we expected, Storage at the end of the Injection Season is close to 3,200 Bcf.\u00a0 This will be the lowest storage level in the last 12 years. But despite the low storage levels prices are still range bound between $3.15 and $3.40. We still need to observe the storage levels and price reactions to the weather at the beginning of the Winter Season in early November before we can make recommendations regarding price direction.<\/div>\n<div><\/div>\n<div>\u00a0 \u00a0 \u00a0 We would be happy to discuss this commentary with you and provide additional market insights. Feel free to call us at 312-348-7518 or email us at\u00a0<a href=\"mailto:joel.fingerman@fundamentalanalytics.com\" target=\"_blank\" rel=\"noopener\">joel.fingerman@<wbr \/>fundamentalanalytics.com<\/a>.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-4023\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-110118-1.jpg\" alt=\"\" width=\"668\" height=\"379\" srcset=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-110118-1.jpg 668w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-110118-1-300x170.jpg 300w\" sizes=\"(max-width: 668px) 100vw, 668px\" \/> <img decoding=\"async\" class=\"aligncenter size-full wp-image-4024\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-110118-2.jpg\" alt=\"\" width=\"800\" height=\"587\" srcset=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-110118-2.jpg 800w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-110118-2-300x220.jpg 300w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-110118-2-768x564.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/> <img decoding=\"async\" class=\"aligncenter size-full wp-image-4025\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-110118-3.jpg\" alt=\"\" width=\"800\" height=\"595\" srcset=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-110118-3.jpg 800w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-110118-3-300x223.jpg 300w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-110118-3-768x571.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-4026\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-110118-4.jpg\" alt=\"\" width=\"800\" height=\"608\" srcset=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-110118-4.jpg 800w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-110118-4-300x228.jpg 300w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-110118-4-768x584.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>For further information contact joel.fingerman@fundamentalanalytics.com<\/p>\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>EIA INSIGHTS\u00a0 November 1, 2018 Natural Gas Injection Less Than Expectations \u00a0 \u00a0 \u00a0 \u00a0The EIA reported a 48 Bcf Injection for the week ending October 26, 2018. The injection was greater than the average, 39 Bcf, for this week of the year, and less than the average of expectations of a 52 Bcf injection. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4022","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/posts\/4022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/comments?post=4022"}],"version-history":[{"count":3,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/posts\/4022\/revisions"}],"predecessor-version":[{"id":4029,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/posts\/4022\/revisions\/4029"}],"wp:attachment":[{"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/media?parent=4022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/categories?post=4022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/tags?post=4022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}