Natural Gas Storage report - October 1

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

Natural Gas Storage report - October 1

Post by dan_s »

Working gas in storage was 3,499 Bcf as of Friday, October 1, 2010, according to EIA estimates. This represents a net increase of 85 Bcf from the previous week. Stocks were 149 Bcf less than last year at this time and 220 Bcf above the 5-year average of 3,279 Bcf.

Above is bearish, should be better next week due to some residential heating demand up north.

Dan
Dan Steffens
Energy Prospectus Group
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