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Re: researcher59 post# 25281

Thursday, 05/13/2021 11:13:21 PM

Thursday, May 13, 2021 11:13:21 PM

Post# of 25303
EIA reports a build of 75 Bcf versus expectations for a build of 76 Bcf and the 5 year average of 82 Bcf.

NG (Jun) drops from $2.99 to $2.96/mcf when the news hits.

Current storage is 2,029 Bcf which is 72 Bcf below the five-year average of 2,101 Bcf.

Note - the EIA also revised the prior week's build downward by 4 Bcf.