Image of the Day

Thursday:  Today’s EIA weekly storage report is expected to show a draw in supplies near -60 Bcf by most national survey averages, although with ICE higher near -65 Bcf. It was slightly warmer than normal over most of the country, although with cooling late in the week.   Our algorithm predicts a draw of -69 Bcf, to the bullish side of expectations, and right near the 5-year average of -78 Bcf.  If correct, that would put us to the correct side of market expectations 19 of the past 23 weeks.



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