Natural Gas Storage 05-21-09
EIA Natural Gas Storage Data
Total (05/15/09): 2,116 Bcf
Total (05/08/09): 2,013 Bcf
Change: 103 Bcf
Year ago stocks: 1,602 Bcf
% diff to yr ago: 32.1 %
5-year avg stocks: 1,729
% dif to 5-yr avg: 22.4 %
If this trend continues, the outlook for future prices doesn't look good.
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