EIA Natural Gas Inventories Outlook

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  • #19240
    TradersCom
    Keymaster

    The EIA reported a draw of -63 Bcf…

    [article]1247[/article]

    #19256
    TradersCom
    Keymaster

    Summary

    Working gas in storage was 2,914 Bcf as of Friday, December 7, 2018, according to EIA estimates. This represents a net decrease of 77 Bcf from the previous week. Stocks were 722 Bcf less than last year at this time and 723 Bcf below the five-year average of 3,637 Bcf. At 2,914 Bcf, total working gas is below the five-year historical range.

    #19282
    Truman
    Participant

    Natural gas took no prisoners this week High of 4.65 down to $3.79 – why margins were being raised so fast

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