Into the Vortex – Natural Gas Storage Outlook

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  • #19778
    TradersCom
    Keymaster

    Cold weather continues to envelop the U.S. Last…

    [article]1346[/article]

    #19779
    Truman
    Participant

    Big miss last week and Front month at 2.663 a great reminder of futures v spot and remember where we were about 6 weeks ago and we got the extreme cold ..

    #19807
    TradersCom
    Keymaster

    Summary

    Working gas in storage was 1,960 Bcf as of Friday, February 1, 2019, according to EIA estimates. This represents a net decrease of 237 Bcf from the previous week. Stocks were 135 Bcf less than last year at this time and 415 Bcf below the five-year average of 2,375 Bcf. At 1,960 Bcf, total working gas is within the five-year historical range.

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