RE:RE:minus 216 is huge!This article may explain some of that .
https://www.wsj.com/articles/natural-gas-prices-fall-on-storage-data-1421942184
" Storage levels shrank by 216 billion cubic feet in the week ended Jan. 16, the U.S. Energy Information Administration said. The drain was 11 bcf smaller than the 227-bcf consensus average of 19 forecasters surveyed by The Wall Street Journal.
That damped hope that winter cold could rebalance an oversupplied market. Half of U.S. homes use natural gas for heat and that usually leads to price peaks in the winter. This year, supply has been so overwhelming that even near-record demand hasn’t been enough to keep up."
" Macquarie Group Ltd. had said Tuesday that the country could have 4.7 trillion cubic feet of gas available for storage by October, 600 billion cubic feet more than the country’s storage system has the capacity to hold. Analysts said Thursday that the lower-than-expected storage drain is a sign that producers hadn’t slowed down as much as some traders had hoped. "