EIA - Natural gas storage report - Dec 5

[dan_s]

Working gas in storage was 3,591 Bcf as of Friday, November 29, 2019, according to EIA estimates.
This represents a net decrease of 19 Bcf from the previous week. Stocks were 591 Bcf higher than last year at this time and 9 Bcf below the five-year average of 3,600 Bcf.
At 3,591 Bcf, total working gas is within the five-year historical range.

Gas price is up because traders are looking forward to:
"Brief Warmup May Be Followed by More Widespread Cold in Central, Eastern U.S. Next Week"
https://www.wunderground.com/article/fo ... =hp-slot-3


The 5-year average for natural gas in storage on December 31st is ~3,300 Bcf.