EIA - Weekly Natural Gas Storage Report - July 25

[dan_s]

Working gas in storage was 2,569 Bcf as of Friday, July 19, 2019, according to EIA estimates. This represents a net increase of 36 Bcf from the previous week.
Stocks were 300 Bcf higher than last year at this time and 151 Bcf below the five-year average of 2,720 Bcf.
At 2,569 Bcf, total working gas is within the five-year historical range.

We need about 1,200 Bcf added to storage by Mid-November.

[dan_s]

Cooler weather in the U.S. for the last week in July will reduce natural gas demand.