US Natural Gas Storage is 19% above 5yr average
North American Natural Gas Storage Levels for the week ending Feb 24/23
US Natural Gas Storage is 19% above 5yr average
Canada's Natural Gas Storage is 4% below 5yr average (it was ~15% below 5yr average just 2-weeks ago)North American Natural Gas Storage Levels for the week ending Feb 17/23
US Natural Gas Storage is 15% above 5yr average
Canada's Natural Gas Storage is 8% below 5yr average (that's a big w/w increase)Considering how warm this winter shaped up to be, y/y increase in natty usage for power burn is very impressive. Production on the other hand, not so much!
With 81 Bcf withdrawal, Nat gas in storage is 19.3% above 5yr average and 27.1% above last year.
The cumulative draw is also the lowest in at least six years.
https://twitter.com/Gugo907/status/1631356061600067584
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