Into The Vortex – EIA Natural Gas Storage Outlook

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  • #21170
    TradersCom
    Keymaster

    EIA reporting a larger than expected build of…

    [article]1592[/article]

    #21192
    TradersCom
    Keymaster

    Summary

    Working gas in storage was 2,471 Bcf as of Friday, July 5, 2019, according to EIA estimates. This represents a net increase of 81 Bcf from the previous week. Stocks were 275 Bcf higher than last year at this time and 142 Bcf below the five-year average of 2,613 Bcf. At 2,471 Bcf, total working gas is within the five-year historical range.

    #21198
    ThePitBoss
    Participant

    Interesting out of Fed’s Powell testimony

    Increase severe weather poses some increased risk to expose institutions
    he believes severe weather is due to climate change
    Fed requires banks to have planned for severe weather risk
    The Fed Chair did not dismiss the impact on the economy of climate change.

    #21209
    ThePitBoss
    Participant

    [color=red][size=5][b]Huuricane Barry Update From NHC This AM
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