Commodity Market Report
North America gas markets weekly update: Injection season 60% finished
Report summary
** 46 bcf injection expected ** CDD index down 14% last week ** East +24 bcf, Midwest +28 bcf, South Central -3 bcf, Pacific -4 bcf, Mountain +1 bcf We are expecting injections of 46 bcf, 29 bcf and 36 bcf for the next three EIA storage reports through August 17. The storage deficit to the five year average is expected to expand to 615 bcf over the next three storage reports. Prices are finally rising on worries about low inventories this winter.
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