EIA - Natural Gas Storage Report - Sept 21

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

EIA - Natural Gas Storage Report - Sept 21

Post by dan_s »

this is bullish:
Working gas in storage was 3,269 Bcf as of Friday, September 15, 2023, according to EIA estimates.
This represents a net increase of 64 Bcf from the previous week.
Stocks were 410 Bcf higher than last year at this time and 183 Bcf above the five-year average of 3,086 Bcf.
At 3,269 Bcf, total working gas is within the five-year historical range.

If storage goes under 100 Bcf above the five-year average, that should be low enough to push HH gas over $3.00
Dan Steffens
Energy Prospectus Group
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