RE: RE: Nag Gas build was +51 BCF a little an amigo of mine on another board posted this:
"The EIA reported that working gas in storage was up 51 Bcf this week to 3.776 Tcf. The weekly injection was 52% lower than last year (+106 Bcf) and 28% lower than the five year average (+71 Bcf). The current storage level now is 5.0% above last year (3.595 Tcf) and 7.1% above the five year average (3.527 Tcf).
Now consider this, The level was 60% above the 5 year average back in April and its shrunk to only a 5% surplus in 6 months. If this trend continues, it could be 50% below the 5 yr average by next spring - looking good for NG."