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Where Independent Traders, Investors, and Dribblers Thrive
Natural gas futures failed at $3.00 again, will…
[article]848[/article]
AgWxMan @AgWxMan1
i’ll go 91, want to go lower, but damn holiday.
Trade_Mechanics @Trade_Mechanics
+86 for Thursdays NG report.
Summary
Working gas in storage was 1,817 Bcf as of Friday, June 1, 2018, according to EIA estimates. This represents a net increase of 92 Bcf from the previous week. Stocks were 799 Bcf less than last year at this time and 512 Bcf below the five-year average of 2,329 Bcf. At 1,817 Bcf, total working gas is within the five-year historical range.
The run up in the pipeline explosion pre number got the weak shorts out again … that $3 is like an inverse magnet each time.
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