The expectations were all over the place:
...Fundamentally, a Bloomberg survey of 13 analysts showed a median build of 85 Bcf. A Reuters poll of 18 market participants had a range from 66 Bcf to 94 Bcf, with a median of 85 Bcf. Natural Gas Intelligence (NGI) projected a 93 Bcf injection.Here's the chart, that gap looks tempting:
Adjustments are being made due to the forecasts, I am now seeing some predictions of 47 Bcf. Last year, the EIA reported a 49 Bcf injection, while the five-year average build stands at 65 Bcf.
Given the wide range of injections, the EIA report is likely to be the source of heightened volatility today.
—FX Empire
The market is trading off the cold snap and the cold snap is not going to last. Front (December) futures 2.686 -0.005 after jumping as high as 2.738.