Preview EIA Natural Gas Inventories #TCNG

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  • #11405
    TradersCom
    Keymaster

    [article]170[/article]

    #11426
    TradersCom
    Keymaster

    Summary

    Working gas in storage was 3,125 Bcf as of Friday, August 18, 2017, according to EIA estimates. This represents a net increase of 43 Bcf from the previous week. Stocks were 223 Bcf less than last year at this time and 45 Bcf above the five-year average of 3,080 Bcf. At 3,125 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.

    #11428
    ThePitBoss
    Participant

    Harvey effect more likely to be seen in following week EIA, next week’s will be for data ended tomorrow.

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