Energy Prospectus

Working gas in storage was 3,571 Bcf as of Friday, October 31, 2014, according to EIA estimates. This represents a net increase of 91 Bcf from the previous week. Stocks were 238 Bcf less than last year at this time and 261 Bcf below the 5-year average of 3,832 Bcf.

This is bearish.

We should see injections dropping sharply the next two week and draws starting by Thanksgiving.

Natural gas prices are moving higher on this forecast of a major winter storm by Thanksgiving.

http://theweathercentre.blogspot.com/20 ... storm.html

Up to 12 inches of snow in the upper Midwest next week.

Despite a rather bearing storage report, natural gas price moved up over 15 cents an mcf today as a major snow storm is now be confirmed by several weather services. See: http://theweathercentre.blogspot.com/

This storm will also increase demand for home heating oil.

weather reports are calling this one the return of the Polar Vortex. " Let it snow, let it snow, let it snow"