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Archive for the ‘Natural Gas Storage’ Category

Morning Energy Blog – June 2, 2017

Equities and the Economy:   • All three U.S major indexes close at record highs. • Global equities also setting record highs. Equities around the world are on a tear! On the heels of a very strong ADP private-sector employment report investors came in buying, well, everything! Forecasts were for 185,000 private sector jobs to […]

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Morning Energy Blog – May 26, 2017

Equities and the Economy: • S&P and Nasdaq close at record highs. • Global equities trading at record levels. U.S. stocks continue their grind higher marking 6 consecutive sessions of higher closes with the S&P 500 and Nasdaq ending at fresh record highs. The S&P 500 rose 11 points finishing at 2,415 and the Nasdaq […]

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Morning Energy Blog – May 19, 2017

Equities and the Economy: • Stocks recover some of Wednesday’s loss. • Fundamental data strong. After suffering their worst single day loss in 8 months on Wednesday stocks bounced back yesterday with the Dow closing up 109 points at 20,715, the S&P 500 rising 14 points to 2,371 and the Nasdaq climbing 51 points ending […]

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Morning Energy Blog – May 12, 2017

Equities and the Economy: • U.S stocks retreat. • Dow closes lower for 3rd consecutive day. U.S. equities closed lower yesterday. The Dow shed 24 points closing lower for the third straight session at 20,919, the S&P 500 pulled back from its record close falling 5 points ending at 2,394 and the Nasdaq also retreated […]

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Morning Energy Blog – May 11, 2017

Equities and the Economy: • Political wrangling in Washington doesn’t impact stocks. • Nasdaq closes higher for 4th consecutive day. President Trump’s surprise, some would say “stunning”, firing of FBI Director Comey Tuesday certainly wasn’t positive for U.S. stocks, but it sure didn’t cause investors to panic. The Dow fell 33 points finishing at 20.943, […]

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Morning Energy Blog – April 28, 2017

Equities and the Economy: • A second quiet day on Wall Street. • Nasdaq posts another record high. It was a tepid day for U.S. equities yesterday but the Nasdaq outperformed closing up 24 points, 0.4%, at a new record high of 6,049. The technology-heavy index has been on a tear! It’s up a huge […]

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Natural gas inventories end heating season above five-year average

Record storage levels in October 2016 and a relatively normal winter has left US natural gas storage levels above the 5-year average. Source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report Working natural gas in storage as of March 31, the traditional end of the heating season, totaled 2,051 billion cubic feet (Bcf), or […]

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Morning Energy Blog – April 21, 2017

Equities and the Economy: • Earnings and government speak drive the major indexes higher. • Nasdaq sets record high. Strong earnings from American Express comments by Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross drove stocks higher yesterday with the Dow popping a hefty 174 points, 0.9%, to 20,579, the S&P 500 rose 18 […]

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Morning Energy Blog – April 11, 2017

Equities and the Economy: • Choppy day on Wall Street. • Stocks eke out small gain. U.S. stocks ended a choppy session yesterday finishing virtually flat to Friday’s closes. Both the Dow and S&P 500 closed up a couple of points to 20,658 and 2,357, respectively, and the Nasdaq finished 3 points higher at 5,881. […]

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Morning Energy Blog – April 7, 2017

Equities and the Economy: • Price action subdued yesterday. • Investors digesting Syrian attack. U.S. stocks ended little changed yesterday with the Dow posting a 15 point gain to 20,663, the S&P 500 closing 5 points higher at 2,357 and the Nasdaq rising 14 points to 5,879. Forget yesterday for as everyone reading my Blog […]

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