NG Storage Report - BEARISH

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

NG Storage Report - BEARISH

Post by dan_s »

Working gas in storage was 1,995 Bcf as of Friday, April 30, 2010, according to EIA estimates. This represents a net increase of 83 Bcf from the previous week. Stocks were 97 Bcf higher than last year at this time and 315 Bcf above the 5-year average of 1,680 Bcf.

It already looks like natural gas storage will fill well before the end of the summer refill season.

Dan
Dan Steffens
Energy Prospectus Group
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