Physical gas overall Thursday finished fractionally lower with eastern points higher and California locations softer. The Energy Information Administration (EIA) reported an inventory increase of 47 Bcf, much higher than the market was anticipating, and futures prices initially plunged before erasing most of an 11-cent deficit by closing.
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Subpar Injection No Help for Bulls; October Eases
October futures eased fractionally in active trading Thursday as the government released figures showing a lower-than-expected increase in inventories. The ensuing price rise, however, was seized upon by eager sellers and prices retreated.
September 2, 2011
EIA Sees Gas Production Off Slightly in April
Natural gas production in the Lower 48 declined fractionally in April, according to the Energy Information Administration (EIA), registering a 0.2% decline in gross wellhead withdrawals from March. It was the second month in a row to show a reduction.
July 6, 2009
EIA Sees Gas Production Off Slightly in April
Natural gas production in the Lower 48 declined fractionally in April, according to the Energy Information Administration (EIA), registering a 0.2% decline in gross wellhead withdrawals from March. It was the second month in a row to show a reduction.
July 1, 2009
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