trending Market Intelligence /marketintelligence/en/news-insights/trending/XesSYiLXOnHvdbjvCNR8GQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

US gas demand extends lower, supply remains flat in week to Aug. 9

Essential Energy Insights - September, 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August

Bull market leaves US utilities behind in August

Utilities, midstream reckon with energy transformation on the horizon

US gas demand extends lower, supply remains flat in week to Aug. 9

Natural gas demand in the United States continued to decline amid an ongoing reduction in power burn during the week ended Aug. 9, as supply remained steady, the U.S. Energy Information Administration said in its latest "Natural Gas Weekly Update" released Aug. 10.

Total U.S. gas consumption faltered from 60.1 Bcf/d in the previous week to 59.6 Bcf/d in the current report period to reflect a 1% slump week on week.

Power-sector gas demand posted a 4% decrease versus the week-ago level as it slid from 34.6 Bcf/d to 33.0 Bcf/d, reflecting overall moderating summer weather, the EIA said. Industrial-sector consumption notched a 1% gain week over week as it grew from 19.7 Bcf/d to 19.8 Bcf/d, while residential/commercial-sector demand logged a 16% increase over the same period as it rose from 5.9 Bcf/d to 6.8 Bcf/d.

Natural gas exports to Mexico were up 2% week on week, from 4.3 Bcf/d to 4.4 Bcf/d. Natural gas pipeline flows to the Sabine Pass liquefaction terminal deflated from 2.1 Bcf/d to 1.8 Bcf/d over the same period, with three vessels carrying a combined 9.9 Bcf of LNG seen to have left the terminal from Aug. 3 to Aug. 9, and one vessel with an LNG-carrying capacity of 3.8 Bcf seen loading at the terminal on Aug. 9.

Overall U.S. gas supply remained constant relative to the prior-week level at an average at 79.1 Bcf/d. Dry production logged a 1% uptick week on week as it widened from 72.8 Bcf/d to 73.2 Bcf/d, while net imports from Canada posted a 2% decline on the week as it tightened from 6.0 Bcf/d to 5.9 Bcf/d.

In terms of inventories, the latest storage data from the EIA outlined a net 28-Bcf injection for the week ended Aug. 4 that took total working gas stocks to 3,038 Bcf, or 275 Bcf below the year-ago level and 61 Bcf above the five-year average of 2,977 Bcf. It bested the 24-Bcf injection in the prior year but trailed the 54-Bcf five-year-average addition, marking the fifth consecutive week that the weekly injection was lower than the norm.

Net storage injections from the traditional start of the refill season on March 31 through the latest inventory report week have totaled 987 Bcf, versus the five-year average of 1,191 Bcf and the year-ago level of 835 Bcf.