Preview EIA Natural Gas Inventories #TCng

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  • #13904
    TradersCom
    Keymaster

    The EIA releases it’s weekly natural gas storage…

    [article]430[/article]

    #13905
    TradersCom
    Keymaster

    Andrea Paltry, Ph.D.‏ Forecast -65 Bcf

    [tweet]941320726841364480[/tweet]

    #13907
    TradersCom
    Keymaster

    Summary

    Working gas in storage was 3,626 Bcf as of Friday, December 8, 2017, according to EIA estimates. This represents a net decrease of 69 Bcf from the previous week. Stocks were 201 Bcf less than last year at this time and 27 Bcf below the five-year average of 3,653 Bcf. At 3,626 Bcf, total working gas is within the five-year historical range.

    Note: The shaded area indicates the range between the historical minimum and maximum values for the weekly series from 2012 through 2016. The dashed vertical lines indicate current and year-ago weekly periods.

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