Into The Vortex – EIA Natural Gas Storage Outlook

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  • Author
    Posts
  • #20091
    TradersCom
    Keymaster

    The EIA reported a draw of -149 Bcf…

    [article]1412[/article]

    #20125
    ClemSnide
    Participant

    Price is stuck and has been for a while – generally that predates a big move

    #20147
    TradersCom
    Keymaster

    Summary

    Working gas in storage was 1,186 Bcf as of Friday, March 8, 2019, according to EIA estimates. This represents a net decrease of 204 Bcf from the previous week. Stocks were 359 Bcf less than last year at this time and 569 Bcf below the five-year average of 1,755 Bcf. At 1,186 Bcf, total working gas is within the five-year historical range.

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