Natural Gas Storage Report: Injection Season Through Week 27 (Week Ending October 2, 2015)

Christopher Page, Director of Pricing

The EIA reported a 95 Bcf net injection as of Friday, October 2, 2015; just below expectations of 98 Bcf.

Natural gas storage currently stands at 155 Bcf above the 5-year average. Natural gas surplus is up 12.2% compared to last year, and up 4.3% compared to the five year average.

The November 2015 Natural Gas Future on the NYMEX was relatively flat at $2.46/MMBtu prior to the storage report announcement this morning, and has since increased to just above $2.51/MMBtu.

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