NG Storage Report - BEARISH
Posted: Thu May 06, 2010 8:54 pm
Working gas in storage was 1,995 Bcf as of Friday, April 30, 2010, according to EIA estimates. This represents a net increase of 83 Bcf from the previous week. Stocks were 97 Bcf higher than last year at this time and 315 Bcf above the 5-year average of 1,680 Bcf.
It already looks like natural gas storage will fill well before the end of the summer refill season.
Dan
It already looks like natural gas storage will fill well before the end of the summer refill season.
Dan