Natural Gas Storage Report - Oct 24

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

Natural Gas Storage Report - Oct 24

Post by dan_s »

Working gas in storage was 3,741 Bcf as of Friday, October 18, 2013, according to EIA estimates. This represents a net increase of 87 Bcf from the previous week. Stocks were 92 Bcf less than last year at this time and 77 Bcf above the 5-year average of 3,664 Bcf.

Bearish report for last week, but we should see more bullish reports starting next week. I think we will see $4.00 gas by year-end.
Dan Steffens
Energy Prospectus Group
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