Natural Gas Storage Report - February 18

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

Natural Gas Storage Report - February 18

Post by dan_s »

Working gas in storage was 1,830 Bcf as of Friday, February 18, 2011, according to EIA estimates. This represents a net decline of 81 Bcf from the previous week. Stocks were 48 Bcf less than last year at this time and 61 Bcf below the 5-year average of 1,891 Bcf.

We need to see gas in storage below 1,600 BCF by the end of March. We need one more strong cold front.
Dan Steffens
Energy Prospectus Group
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