Natural Gas Storage Report
Posted: Thu Jul 01, 2010 11:50 am
Working gas in storage was 2,684 Bcf as of Friday, June 25, 2010, according to EIA estimates. This represents a net increase of 60 Bcf from the previous week. Stocks were 27 Bcf less than last year at this time and 287 Bcf above the 5-year average of 2,397 Bcf.
As expected, the amount of gas going into storage is declining. Look for that trend to continue as more gas being used for power generation.
Dan
As expected, the amount of gas going into storage is declining. Look for that trend to continue as more gas being used for power generation.
Dan