Blog

Get Market News

Get weekly email updates on market factors like supply, demand, and regulatory affairs. Subscribe now

Get Started with ENGIE

ENGIE Resources is ready to analyze your historical energy usage data and present appropriate options. Get started now

Become a Broker or Consultant

Complete our Brokers & Consultants Inquiry Form. Learn more

Nat Gas Market Continues to Stay Irrational

February 17, 2020

As per the EIA natural gas storage report last week, U.S. inventory has a four-week simple moving average (SMA) surplus of 215 bcf versus the five-year average and the SMA four-week Henry Hub NYMEX benchmark is $1.90/mmbtu over the period. The last time the four-week SMA showed a similar a surplus versus the five-year average was June of 2017. The benchmark SMA for that four-week period was $2.98/mmbtu.

Irrational

Read More