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Alias Born | 12/30/2004 |
Thursday, June 24, 2021 7:18:26 PM
NG (Jul) spikes from $3.32 to $3.38/mcf when the news hits.
Current storage is 2,482 Bcf which is 154 Bcf below the five-year average of 2,636 Bcf.
NOTE - In the prior week the EIA reported a build of 67 Bcf versus expectations for 72 Bcf and the 5 year average of 87 Bcf. There was also a reclassification of storage which amounted to a 51 Bcf draw, hence a net reported build of just 16 Bcf.
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