Natural Gas Storage Report - Oct 31

[dan_s]

Working gas in storage was 3,695 Bcf as of Friday, October 25, 2019, according to EIA estimates. This represents a net increase of 89 Bcf from the previous week.
Stocks were 559 Bcf higher than last year at this time and 52 Bcf above the five-year average of 3,643 Bcf.
At 3,695 Bcf, total working gas is within the five-year historical range.

Weekly builds have been above the 5-year average for the last 14 weeks, but that should change next week with winter heating season starting early this year.

We need ~3,800 Bcf in storage on November 15 to safely make it through a cold winter. There are three weeks left in refill season.