{"id":4191,"date":"2018-11-16T12:44:27","date_gmt":"2018-11-16T17:44:27","guid":{"rendered":"https:\/\/www.fundamentalanalytics.com\/?p=4191"},"modified":"2018-11-16T12:44:27","modified_gmt":"2018-11-16T17:44:27","slug":"eia-insights-november-15-2018","status":"publish","type":"post","link":"https:\/\/www.fundamentalanalytics.com\/pt\/eia-insights-november-15-2018\/","title":{"rendered":"EIA Insights November 15, 2018"},"content":{"rendered":"<p><strong>EIA Insights November 15, 2018<\/strong><\/p>\n<p><strong>Natural Gas<\/strong><\/p>\n<div><strong>Injection At Expectations<\/strong><\/div>\n<div><strong>\u00a0<\/strong><\/div>\n<div>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0The\u00a0<span class=\"il\">EIA<\/span>\u00a0reported a 39 Bcf Injection for the week ending November 9, 2018. The injection was greater than the average, 23 Bcf, for this week of the year, and basically at the average of expectations of a 41 Bcf injection.<\/div>\n<div><\/div>\n<div>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0From the start of Thursday trading natural gas prices were significantly falling. The release of\u00a0<span class=\"il\">EIA<\/span>report had no real effect on the price decline. By the end of the trading day prices were down over 82 cents. We would need to go back to the early 2000&#8217;s to see such price moves. In the last two weeks prices climbed nearly $1.70 so it is understandable that profit taking or closing high priced long positions were pressuring prices down. We would not be surprised if similar up or down price moves occur again.<\/div>\n<div><\/div>\n<div>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0As we have mentioned before this is the lowest storage to begin the winter heating season in the last 12 years. Volatile prices are usually associated with low inventories. Consequently, for the short term we recommend consideration of being on the sidelines.<\/div>\n<div><\/div>\n<div>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\u00a0joel.fingerman@<wbr \/>fundamentalanalytics.com<\/div>\n<div><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-4192\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-1116-1.jpg\" alt=\"\" width=\"798\" height=\"448\" srcset=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-1116-1.jpg 798w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-1116-1-300x168.jpg 300w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-1116-1-768x431.jpg 768w\" sizes=\"(max-width: 798px) 100vw, 798px\" \/> <img decoding=\"async\" class=\"aligncenter size-full wp-image-4193\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-1116-2.jpg\" alt=\"\" width=\"800\" height=\"582\" srcset=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-1116-2.jpg 800w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-1116-2-300x218.jpg 300w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-1116-2-768x559.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/> <img decoding=\"async\" class=\"aligncenter size-full wp-image-4194\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-1116-3.jpg\" alt=\"\" width=\"800\" height=\"593\" srcset=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-1116-3.jpg 800w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-1116-3-300x222.jpg 300w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-1116-3-768x569.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-4195\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-1116-4.jpg\" alt=\"\" width=\"800\" height=\"605\" srcset=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-1116-4.jpg 800w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-1116-4-300x227.jpg 300w, https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/11\/EIA-1116-4-768x581.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/div>\n<div>For further information contact\u00a0joel.fingerman@<wbr \/>fundamentalanalytics.com<\/div>","protected":false},"excerpt":{"rendered":"<p>EIA Insights November 15, 2018 Natural Gas Injection At Expectations \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0The\u00a0EIA\u00a0reported a 39 Bcf Injection for the week ending November 9, 2018. The injection was greater than the average, 23 Bcf, for this week of the year, and basically at the average of expectations of a 41 Bcf injection. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0From [&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-4191","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/4191","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=4191"}],"version-history":[{"count":1,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/4191\/revisions"}],"predecessor-version":[{"id":4196,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/4191\/revisions\/4196"}],"wp:attachment":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/media?parent=4191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/categories?post=4191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/tags?post=4191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}