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researcher59

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Re: researcher59 post# 20655

Thursday, 04/05/2018 10:30:11 AM

Thursday, April 05, 2018 10:30:11 AM

Post# of 25303
EIA reports an implied draw of 20 Bcf (a decrease of 29 including a 9 Bcf reclassification) versus expectations for a draw of 25 Bcf and the 5 year average of 28 Bcf.

NG drops from $2.69 to $2.67/mcf when the news hits.

Current storage is 1,354 Bcf which is 347 Bcf below the five-year average of 1,701 Bcf.
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