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Natural Gas Storage Report: Withdrawal Season Week 13 (Week Ending January 29, 2016)

Week 13 of withdrawal season saw a significant pullback on natural gas draws, ending the trend of heightened storage pulls. The EIA reported a net withdrawal of 152 Bcf – less than market predictions of 158 Bcf. Though weather forecasts for the East and Midwest regions have gotten cooler, the lack of any upcoming severe weather events may result in even lighter draws in the coming weeks.

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Natural Gas Storage Report: Withdrawal Season Week 12 (Week Ending January 22, 2016)

Twelve weeks into the 2015-2016 withdrawal season, the trend of increasing natural gas pulls continues. Today, the EIA reported a net draw of 211 Bcf – the largest of the season, and just in line with expectations of 207 Bcf. However, mixed weather throughout the rest of the country during the Northeast snow storms this past weekend may temper the overall withdrawal number next week.

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