EIA - Natural Gas Storage Report - Dec 3

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

EIA - Natural Gas Storage Report - Dec 3

Post by dan_s »

Working gas in storage was 3,939 Bcf as of Friday, November 27, 2020, according to EIA estimates. This represents a net decrease of 1 Bcf from the previous week.
Stocks were 343 Bcf higher than last year at this time and 290 Bcf above the five-year average of 3,649 Bcf.
At 3,939 Bcf, total working gas is within the five-year historical range.

Just remember that "Real Winter" doesn't start until December 1st. Next week's report will show a big draw from storage.
Dan Steffens
Energy Prospectus Group
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