Friday, May 12, 2023

Natural Gas Inventory Report, May 12, 2023

The Energy Information Administration released their weekly report on Thursday.

As usual the above graph does not capture the whole story by region. The west coast is still lagging, but beginning to gain ground. That should continue as west coast nat/gas pricing has fallen below the Henry Hub, which is now one of the highest in the U.S., which is at lows not seen since 2020.


European and United Kingdom storage continues to gain and remain at seasonally elevated levels.

The pricing for UK and TTF nat/gas, continues above "normal".


So far... so good!!






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