Into The Vortex – EIA Natural Gas Storage Outlook

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  • #23049
    TradersCom
    Keymaster

    Natural gas futures collaped under $2 ahead of…

    [article]1962[/article]

    #23054
    TradersCom
    Keymaster

    Summary

    Working gas in storage was 2,494 Bcf as of Friday, February 7, 2020, according to EIA estimates. This represents a net decrease of 115 Bcf from the previous week. Stocks were 601 Bcf higher than last year at this time and 215 Bcf above the five-year average of 2,279 Bcf. At 2,494 Bcf, total working gas is within the five-year historical range.

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