NG Storage Report - March 18

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

NG Storage Report - March 18

Post by dan_s »

Working gas in storage was 1,612 Bcf as of Friday, March 18, 2011, according to EIA estimates. This represents a net decline of 6 Bcf from the previous week. Stocks were 12 Bcf less than last year at this time and 34 Bcf above the 5-year average of 1,578 Bcf.

The cold front moving through Chicago right now should help get the NG storage level down below last year as we enter the Spring.
Dan Steffens
Energy Prospectus Group
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