Natural Gas

Post Reply
dan_s
Posts: 34648
Joined: Fri Apr 23, 2010 8:22 am

Natural Gas

Post by dan_s »

I am expecting a bullish natural gas storage report today. This is "Shoulder Season", when storage levels need to build. Look for additions to storage to be less than the five year average, so gap to five year average will grow to over 100 bcf and may go up to 150 bcf during May.

I am now expecting storage levels to remain well below the five year average all year, which will continue to push futures higher on NYMEX
Dan Steffens
Energy Prospectus Group
Post Reply