Natural Gas Storage Report - October 18
Posted: Thu Oct 18, 2012 10:08 am
Working gas in storage was 3,776 Bcf as of Friday, October 12, 2012, according to EIA estimates. This represents a net increase of 51 Bcf from the previous week. Stocks were 181 Bcf higher than last year at this time and 249 Bcf above the 5-year average of 3,527 Bcf.
Looks like natural gas in storage will peak around 3.9 TCF before we see our first winter heating season draws, which normally start around mid-November.
Yesterday, I heard that Canadian NG storage is full.
Looks like natural gas in storage will peak around 3.9 TCF before we see our first winter heating season draws, which normally start around mid-November.
Yesterday, I heard that Canadian NG storage is full.