Adding Confidence to Your Trading Decisions

QUICK
SNAPSHOT
LATEST
FORECASTS
DAYS OF
SUPPLY
Home Our Services Market Research Trading Guide Track Record Free Content Update Schedule Contacts
Log In

Weather-Neutral Supply-Demand Balance (change, y-o-y)

This content is available to
authorized users only

Last update: November 12, 2019, 15:24 EST
Become a member
to see the latest chart

Description

This chart shows y-o-y (annual) change in U.S dry gas production, imports, exports and "weather-neutral SD balance". The change is calculated in billion cubic feet per day (bcf/d). "Weather-neutral SD balance" (dull yellow curve) = production plus imports minus exports. Dotted line indicates the forecast for the next 11 weeks. 

Historical data are available from January 9, 2009.

The chart is interactive. You can click on any series in the legend to hide/show the data. You can also click on the chart and drag out a specific area you wish to zoom. Alternatively, use calendar filter to select a specific data range. Also, to print or download the chart, click on the "menu" button in the top right corner of the chart.

Update: every weekday + Sunday afternoon.

Source: U.S. Energy Information Administration, Bluegold Research estimates and calculations

Traders' Note

Weather-neutral SD balance (WNSDB) = production plus imports minus exports. Effectively, WNSDB shows the strength of the underlying supply relative to previous year.

  • When WNSDB is above zero, it means that net-supply is expanding in annual terms.
  • When WNSDB is below zero, it means that net-supply is shrinking in annual terms.

As a rule, the bulls want WNSDB to remain positive and trend up, while the bears want WNSDB to remain negative and trend down. 

Copyright 2015 - 2019 © Bluegold Research     [ Terms of Use ]   [ Contacts ]
Site by Smartum IT