Weekly Natural Gas Storage Report :

NATURAL GAS STORAGE DATA UPDATE:

EIA Natural gas storage

Actual: 28Bcf

Survey: 33to 36BCF,

Prior: 66BCF

Impact: It might have a slightly positive impact on gas prices,

Technical: Resistance is seen at 162 and support is seen at 156/153

Region Stocks in billion cubic feet (Bcf) Historical Comparisons
08/31/12 08/24/12 Change Year Ago (08/31/11)
Stocks (Bcf) % Change
East
1,793
1,759
34
1,619
10.7
West
492
491
1
429
14.7
Producing
1,117
1,124
-7
958
16.6
Total
3,402
3,374
28
3,007
13.1
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *