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Gas Inventory Nearer to Normal

September 23, 2024

Working gas in storage keeps trending towards the five-year average. Last week’s EIA estimates bring the surplus down to 274 Bcf above the five-year average. Traders responded with green on the screen as 40 of the next 50 futures contracts showed gains the day of the report.

Working gas in underground storage compared with the 5-year maximum and minimum