EIA - Natural Gas Storage Report - Sept 21
Posted: Thu Sep 21, 2023 9:34 am
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
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