Thursday, June 12, 2014

Natural Gas Storage: 107 Bcf vs 110 Bcf Estimate, Futures Pop 4%

From the EIA:

Weekly Natural Gas Storage Report
for week ending June 6, 2014   |   Released: June 12, 2014 at 10:30 a.m.   |   Next Release: June 19, 2014

Working gas in underground storage, lower 48 states Summary text CSV JSN
    Historical Comparisons
Stocks
billion cubic feet (Bcf)
  Year ago
(06/06/13)
5-Year average
(2009-2013)
Region 06/06/14 05/30/14 net change implied flow   (Bcf) % change (Bcf) % change
East 720     655     65     65       1,017     -29.2     1,131     -36.3    
West 282     269     13     13       407     -30.7     389     -27.5    
Producing 604     575     29     29       909     -33.6     962     -37.2    
   Salt 172     163     9     9       258     -33.3     204     -15.7    
   Nonsalt 433     412     21     21       651     -33.5     759     -43.0    
Total 1,606     1,499     107     107       2,333     -31.2     2,483     -35.3    

...MORE

The reaction via FinViz:
Futures $4.7010 up 19.30 cents (4.28%).
More to come.