InvestorsHub Logo
icon url

Emptyhead

03/05/20 10:50 AM

#18942 RE: researcher59 #18941

So much gas can't help prices.
icon url

researcher59

03/12/20 10:42 AM

#18943 RE: researcher59 #18941

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.