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Re: researcher59 post# 18829

Thursday, 03/21/2019 10:48:31 AM

Thursday, March 21, 2019 10:48:31 AM

Post# of 18980
EIA reports a draw of 47 Bcf versus expectations for a draw of 47 Bcf and the 5 year average of 43 Bcf.

NG drops from $2.82 to $2.81/mcf when the news hits.

Current storage is 1,143 Bcf which is 556 Bcf below the five-year average of 1,699 Bcf.

* note the EIA retroactively corrected last weeks report to a draw of 200 Bcf, down from 204 previously reported.