- This Thursday, we expect the EIA to report 1,931 bcf of working gas in storage for the week ending February 19.
- We anticipate to see a draw of 350 bcf, which is 205 bcf larger than a year ago and 230 bcf larger vs. the five-year average.
- Natural gas production that was lost due to extremely cold weather in Texas has now been restored.
- Over the next 30-day period, total natural gas demand is expected to average 106.6 bcf/d, which is almost exactly in line with last year's figures.
- We have closed our short positions and we are now on the sidelines.
For further details see:
Natural Gas Trading: We Have Closed Our Short Positions