{"id":3622,"date":"2018-08-16T16:12:59","date_gmt":"2018-08-16T20:12:59","guid":{"rendered":"https:\/\/www.fundamentalanalytics.com\/?p=3622"},"modified":"2018-08-16T16:12:59","modified_gmt":"2018-08-16T20:12:59","slug":"eia-insights-august-16-2018","status":"publish","type":"post","link":"https:\/\/www.fundamentalanalytics.com\/pt\/eia-insights-august-16-2018\/","title":{"rendered":"EIA Insights August 16, 2018"},"content":{"rendered":"<h4 style=\"text-align: center;\">EIA Insights August 16, 2018<\/h4>\n<h5>Natural Gas<\/h5>\n<h5>Injection Above Expectations<\/h5>\n<p>The EIA reported a 33 Bcf Injection for the week ending August 10, 2018. The injection was<br \/>\nbelow the average, 51 Bcf, for this week of the year, and above the average of expectations of a 30<br \/>\nBcf injection. Expectations had a range of a 17 Bcf injection to a 38 Bcf injection. It was also another<br \/>\nweek of withdrawals from the Pacific Region and the South Region due to the hot weather.<\/p>\n<p>The 33 Bcf injection was the second lowest injection for this week of the year (see the<br \/>\nInjection Distribution Chart below). Yet, being 3 Bcf greater than the average of expectations the<br \/>\nreport was considered bearish for prices. Prices dropped nearly 4 cents when the report was<br \/>\nreleased, and then recovered in a narrow range for the rest of the trading day, finishing down 3<br \/>\ncents.<\/p>\n<p>Prices have stalled around $2.94 after establishing a strong uptrend. We still suggest<br \/>\nconsideration of trading from the long side, and especially if prices can break through the long term<br \/>\ntrading range above $3.00.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-3623\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/08\/EIA-August-16-2018.jpg\" alt=\"\" width=\"797\" height=\"444\" srcset=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/08\/EIA-August-16-2018.jpg 797w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/08\/EIA-August-16-2018-300x167.jpg 300w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/08\/EIA-August-16-2018-768x428.jpg 768w\" sizes=\"(max-width: 797px) 100vw, 797px\" \/><\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-3624\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/08\/EIA-August-16-2018-2.jpg\" alt=\"\" width=\"1164\" height=\"849\" srcset=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/08\/EIA-August-16-2018-2.jpg 1164w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/08\/EIA-August-16-2018-2-300x219.jpg 300w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/08\/EIA-August-16-2018-2-768x560.jpg 768w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/08\/EIA-August-16-2018-2-1024x747.jpg 1024w\" sizes=\"(max-width: 1164px) 100vw, 1164px\" \/><\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-3625\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/08\/EIA-August-16-2018-3.jpg\" alt=\"\" width=\"945\" height=\"710\" srcset=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/08\/EIA-August-16-2018-3.jpg 945w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/08\/EIA-August-16-2018-3-300x225.jpg 300w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/08\/EIA-August-16-2018-3-768x577.jpg 768w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/08\/EIA-August-16-2018-3-800x600.jpg 800w\" sizes=\"(max-width: 945px) 100vw, 945px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3626\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/08\/EIA-August-16-2018-4.jpg\" alt=\"\" width=\"693\" height=\"514\" srcset=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/08\/EIA-August-16-2018-4.jpg 971w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/08\/EIA-August-16-2018-4-300x222.jpg 300w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/08\/EIA-August-16-2018-4-768x569.jpg 768w\" sizes=\"(max-width: 693px) 100vw, 693px\" \/><\/p>\n<p>For further information contact joel.fingerman@fundamentalanalytics.com<\/p>","protected":false},"excerpt":{"rendered":"<p>EIA Insights August 16, 2018 Natural Gas Injection Above Expectations The EIA reported a 33 Bcf Injection for the week ending August 10, 2018. The injection was below the average, 51 Bcf, for this week of the year, and above the average of expectations of a 30 Bcf injection. Expectations had a range of a [&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-3622","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/3622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/comments?post=3622"}],"version-history":[{"count":3,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/3622\/revisions"}],"predecessor-version":[{"id":3629,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/3622\/revisions\/3629"}],"wp:attachment":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/media?parent=3622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/categories?post=3622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/tags?post=3622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}