EIA - Natural Gas Storage Report - Dec 23
Posted: Thu Dec 23, 2021 11:40 am
Working gas in storage was 3,362 Bcf as of Friday, December 17, 2021, according to EIA estimates.
This represents a net decrease of 55 Bcf from the previous week.
Stocks were 234 Bcf less than last year at this time and 34 Bcf above the five-year average of 3,328 Bcf.
At 3,362 Bcf, total working gas is within the five-year historical range.
We need the cold air in the western US to move eastward. 10 Day forecast at the link below shows beginning of January a more bullish outlook for natural gas demand. https://weather.com/maps/tendayforecast
This represents a net decrease of 55 Bcf from the previous week.
Stocks were 234 Bcf less than last year at this time and 34 Bcf above the five-year average of 3,328 Bcf.
At 3,362 Bcf, total working gas is within the five-year historical range.
We need the cold air in the western US to move eastward. 10 Day forecast at the link below shows beginning of January a more bullish outlook for natural gas demand. https://weather.com/maps/tendayforecast