Smaller Natural Gas Draw of 183Bcf After Last Week’s Record

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  • #14528
    TradersCom
    Keymaster

    Last week we saw the largest natural gas…

    [article]510[/article]

    #14529
    TradersCom
    Keymaster

    Summary

    Working gas in storage was 2,584 Bcf as of Friday, January 12, 2018, according to EIA estimates. This represents a net decrease of 183 Bcf from the previous week. Stocks were 368 Bcf less than last year at this time and 362 Bcf below the five-year average of 2,946 Bcf. At 2,584 Bcf, total working gas is within the five-year historical range.

    #14546
    MoneyNeverSleeps
    Participant

    Release sent it down 3.07 then back to 3.21 – brutal bear trap – Money never sleeps!

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