SynMax Research:
SynMax Research:
Based on today’s (2/02) GFS Operational 12Z, total natural gas freeze-offs during the 01/22 through 02/17 time period are expected to be at 60.8 Bcf, roughly unchanged from yesterday’s (2/01) 59.3 Bcf. At this time, we are now taking out the upper range as we are ruling out the possibility of high-power outages in the Northeast.
The 60.8 Bcf is forecasted with minimal power outages.
Actualized production freeze-offs from 01/20-02/02 have come in at 53.3 Bcf.
