What's Affecting Gas Prices (Week Of May 7, 2019)?
Stratas Advisors looks at key points affecting gas prices this week, including storage, weather, supply, demand, flows and trader sentiment.
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Mr. Haas leverages more than 25 years of integrated global energy experience as he leads a team serving the global energy industry clientele of the North American Midstream practice and institutional energy industry investors via ongoing independent research and retainer relationships. He currently oversees the Midstream research practice related to developments in the crude oil, condensate, NGL and natural gas industries, including the North American NGL, North American Natural Gas and North American Oil services. Prior to joining Stratas Advisors, Greg held operating and research roles while at Exxon, the Electric Power Research Institute, energy and power consultancies, and energy equity analyst roles at brokerage firms Raymond James Financial and Sanders Morris Harris Group. Haas holds an MBA, Finance, from Rice University and master and bachelor of science degrees in engineering from the University of Illinois.
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Stratas Advisors looks at key points affecting gas prices this week, including storage, weather, supply, demand, flows and trader sentiment.
Stratas Advisors predicts a storage build of 108 Bcf for the week ended April 26.
Demand eases with warm weather; Stratas Advisors expects a 102 Bcf increase in storage.
The increase in Canadian imports and decrease in Mexico exports helped ensure that trade fundamentals remain unchanged.
With winter over, Stratas Advisors projects a report showing a 10 Bcf natural gas build.
Stratas Advisors projects a higher gas withdrawal than the five-year average.
Warm weather cuts into demand, which should result in a 48 Bcf withdrawal this week.
Stratas Advisors predicts a withdrawal of 215 Bcf from inventories.
Stratas Advisors expects the natural gas withdrawal to be in line with the five-year average.
Stratas Advisors expects a 185 Bcf withdrawal from storage this week.
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