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The gassers are getting a gift from Old Man Winter

Posted: Fri Feb 04, 2022 9:52 am
by dan_s
EIA has reported three weeks in a row of draws from natural gas storage over 200 Bcf.
We are almost sure to have two more weekly draws over 200 Bcf.
I looked at the last ten years' storage reports and see that during that time we did not have a single five-week period of draws that totaled more than a trillion cubic feet.

A TCF is a lot of gas.

Propane over $53/bbl