Natural Gas Storage Report - March 19

dan_s · Post by **dan_s** » Thu Mar 19, 2015 11:26 am

Working gas in storage was 1,467 Bcf as of Friday, March 13, 2015, according to EIA estimates. This represents a net decline of 45 Bcf from the previous week. Stocks were 507 Bcf higher than last year at this time and 225 Bcf below the 5-year average of 1,692 Bcf.

It looks like we will end the heating season with close to 1,400 Bcf in storage. This compares to the 5-year average of 1,648 Bcf.

One more cold front expected to reach the NE quarter of the U.S. this weekend, which could help.