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Re: researcher59 post# 23128

Thursday, 03/12/2020 10:40:31 AM

Thursday, March 12, 2020 10:40:31 AM

Post# of 25303
EIA reports a draw of 48 Bcf versus expectations for a draw of 59 Bcf and the 5 year average of 99 Bcf.

NG drops from $1.81 to $1.79/mcf when the news hits.

Current storage is 2,043 Bcf which is 227 Bcf above the five-year average of 1,816 Bcf.