The futures are down a couple percent at $2.986. They had dipped to $2.962or down 3%.
From the Energy Information Administration:
Released: September 13, 2012 at 10:30 a.m. (eastern time) for the Week Ending September 7, 2012.We'll have more this afternoon.
Next Release: September 20, 2012
Working gas in storage was 3,429 Bcf as of Friday, September 7, 2012, according to EIA estimates. This represents a net increase of 27 Bcf from the previous week. Stocks were 342 Bcf higher than last year at this time and 284 Bcf above the 5-year average of 3,145 Bcf. In the East Region, stocks were 80 Bcf above the 5-year average following net injections of 38 Bcf. Stocks in the Producing Region were 147 Bcf above the 5-year average of 957 Bcf after a net withdrawal of 13 Bcf. Stocks in the West Region were 57 Bcf above the 5-year average after a net addition of 2 Bcf. At 3,429 Bcf, total working gas is above the 5-year historical range....MORE