Natural Gas Storage Report - Dec 11

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

Natural Gas Storage Report - Dec 11

Post by dan_s »

Working gas in storage was 3,359 Bcf as of Friday, December 5, 2014, according to EIA estimates. This represents a net decline of 51 Bcf from the previous week. Stocks were 186 Bcf less than last year at this time and 351 Bcf below the 5-year average of 3,710 Bcf.

Last January natural gas prices spiked to over $6.00/mcf. We are heading into this winter with less gas in storage.

It is now VERY IMPORTANT to know the production mix of each company.

Sweet 16 with the highest percentage of gas production are GPOR, RRC and UNT
Dan Steffens
Energy Prospectus Group
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