Working gas in storage was 2,714 Bcf as of Friday, July 22, 2011, according to EIA estimates. This represents a net increase of 43 Bcf from the previous week. Stocks were 201 Bcf less than last year at this time and 65 Bcf below the 5-year average of 2,779 Bcf. East Region, stocks were 122. Read the Rest…
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Natural Gas Storage Report 7-21-2011
Working gas in storage was 2,671 Bcf as of Friday, July 15, 2011, according to EIA estimates. This represents a net increase of 60 Bcf from the previous week. Stocks were 213 Bcf less than last year at this time and 59 Bcf below the 5-year average of 2,730 Bcf. East Region, stocks were 117. Read the Rest…
US Natural Gas Inventory Projected at 62 BCF
Consensus is that the Energy Information Agency will report a 62 billion cubic feet (BCF) build in natural gas inventories for the week ended July 15. Low side estimates were 57 BCF and high side was 80 BCF. The five year average for this week of the year is 67 BCF. Assuming last week’s numbers were. Read the Rest…
Natural Gas Ends the Week High; Electricity Rates Trend Up
According to information from the Dow Jones Newswire, natural-gas futures settled at a one-month high Friday, boosted by expectations for hot weather in the coming weeks. Electricity rates are trending higher with gas. The heat wave in the Midwest and expectations for another round of above-normal temperatures in the East helped lift futures. Demand for. Read the Rest…
Natural Gas Storage Report Shows Larger Than Expected Build
Analysts expected a net injection of approximately 80 BCF to be reported today by the Energy Information Agency. Instead, the report showed a 95 BCF build. The EIA summarized… “Working gas in storage was 2,527 Bcf as of Friday, July 1, 2011, according to EIA estimates. This represents a net increase of 95 Bcf from. Read the Rest…
