Working gas in storage was 2,934 Bcf as of Friday, January 29, 2016, according to EIA estimates. This represents a net decline of 152 Bcf from the previous week. Stocks were 490 Bcf higher than last year at this time and 445 Bcf above the five-year average of 2,489 Bcf. At 2,934 Bcf, total working gas is within the five-year historical range.
Looks like Ngas storage will be 2200 to 2300 Bcf at the end of February. Anything below 2,000 Bcf by the end of March would be much better than the outlook a couple of months ago.
Natural Gas Storage Report - Feb 4
Natural Gas Storage Report - Feb 4
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group