[SpeedyInTexas]

Week thru 14-DEC-2022, inventories at 3304 BCF, 86% full.
Week thru 07-DEC-2022, inventories at 3467 BCF, 90% full.
Week thru 30-NOV-2022, inventories at 3577 BCF, 93% full.
Week thru 23-NOV-2022, inventories at 3637 BCF, 95% full.
Week thru 16-NOV-2022, inventories at 3677 BCF, 96% full.
Week thru 09-NOV-2022, inventories at 3667 BCF, 96% full.
Week thru 02-NOV-2022, inventories at 3651 BCF, 95% full.
Week thru 26-OCT-2022, inventories at 3609 BCF, 94% full.
Week thru 19-OCT-2022, inventories at 3563 BCF, 93% full.
Week thru 28-SEP-2022, inventories at 3382 BCF, 88% full.
Week thru 21-SEP-2022, inventories at 3316 BCF, 87% full.
Week thru 14-SEP-2022, inventories at 3243 BCF, 85% full.
Week thru 07-SEP-2022, inventories at 3167 BCF, 83% full.
Week thru 31-AUG-2022, inventories at 3084 BCF, 81% full.
Week thru 24-AUG-2022, inventories at 2997 BCF, 78% full.
Week thru 17-AUG-2022, inventories at 2898 BCF, 76% full.
Week thru 10-AUG-2022, inventories at 2793 BCF, 73% full.
Week thru 03-AUG-2022, inventories at 2691 BCF, 71% full.
Week thru 27-JUL-2022, inventories at 2589 BCF, 68% full.
Week thru 20-JUL-2022, inventories at 2493 BCF, 65% full.
Week thru 13-JUL-2022, inventories at 2396 BCF, 63% full.
Week thru 06-JUL-2022, inventories at 2312 BCF, 61% full.
Week thru 29-JUN-2022, inventories at 2215 BCF, 58% full.
Week thru 22-JUN-2022, inventories at 2100 BCF, 56% full.
Week thru 15-JUN-2022, inventories at 2004 BCF, 53% full.

[SpeedyInTexas]

1.50 months of heating season done. EU storage fell from 96% to 86%. 3.50 months of heating season to go.

[HockeyPop]

15% of US nat gas expected to go through the Freeport terminal. Feds seem to be slowing Freeport’s getting online demanding more and more safety info. Once Freeport starts moving gas to Europe then domestic prices should soar. LNG ships are already positioned offshore waiting to be filled.

[FreshPrince]

Putards are crushed that Europeans are not freezing to death yet..

[BeauBo]

OilPrice.com reports: “Russia is shipping crude oil to India under the price cap mechanism on tankers insured by Western companies, in an early sign that Russia is not cutting off crude supply that complies with the G7 price cap of $60 per barrel, the Financial Times reported on Friday, citing its own analysis of insurance and shipping data.”

[BeauBo]

U.S. Begins SPR Repurchase Program As Oil Prices Crash
By Julianne Geiger - Dec 16, 2022 (https://oilprice.com/Latest-Energy-News/World-News/US-Begins-SPR-Repurchase-Program-As-Oil-Prices-Crash.html )

“The U.S. EIA reported that 4.7 million barrels of crude oil left the Strategic Petroleum Reserves in the week ending December 9 (they are still releasing), but now the United States has started the process of refilling the nation’s SPR.” (with a first purchase of 3 million barrels, for February delivery)

“While 3 million barrels is a far cry from the 211 million barrels released so far this year, the gesture could be seen by some in the industry as proof that the Biden Administration intends to keep its work (word?) to refill when prices fall below $70 per barrel”

Other fun facts: “U.S. oil drilling activity has fallen for two weeks in a row, according to the most recent Baker Hughes data, with 620 oil rigs in operation in the United States. It is about 100 rigs more than what was in operation when Russia invaded Ukraine earlier this year, but more than 220 rigs shy of what was in operation before the pandemic started in 2019.”

[hinckley buzzard]

Germany is going through their reserves at a record rate. A dearth of wind and solar during a high pressure cold snap is causing them to have to use natural gas reserves to make electricity to keep the lights on. They did not count on this.