Energy Prospectus

Working gas in storage was 2,745 Bcf as of Friday, July 12, 2013, according to EIA estimates. This represents a net increase of 58 Bcf from the previous week. Stocks were 414 Bcf less than last year at this time and 34 Bcf below the 5-year average of 2,779 Bcf.

This is mildly bullish for Ngas.

Heat in the Northeast should increase demand for Ngas. If next week's report shows injection under 40 bcf it will be very bullish for Ngas.