Natural Gas Storage Report - February 18
Posted: Thu Feb 24, 2011 2:51 pm
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.
We need to see gas in storage below 1,600 BCF by the end of March. We need one more strong cold front.