Natural Gas Storage Report - Dec 26

[dan_s]

Working gas in storage was 3,246 Bcf as of Friday, December 19, 2014, according to EIA estimates. This represents a net decline of 49 Bcf from the previous week. Stocks were 150 Bcf higher than last year at this time and 169 Bcf below the 5-year average of 3,415 Bcf.

We definitely need a Polar Vortex. Chicago moving in to the mid-teens early next week should help: http://www.wunderground.com/weather-for ... 90.1.99999

For natural gas prices to move higher, we need to see some real winter weather in the Great Lake region.