Natural Gas Slips Below $4 on Above-Average Storage Rise -- Market Talk
Natural Gas Slips Below $4 on Above-Average Storage Rise -- Market Talk
1045 ET - Natural gas prices drop below $4, falling 1.8% to a session-low $3.981/mmBtu after the EIA reports a weekly storage increase that was above average. The US government agency says gas-in-storage rose by 49B cubic feet last week, just above forecasts in a WSJ survey for a 48-bcf rise, and above the five-year average rise of 42 bcf. Total storage is now 2.776T cubic feet, 17% below last year and 6% below the five-year average. Analysts say strong winds in Texas-- the US's top wind producer--helped to reduce demand last week as power plants used more wind power and less natural gas to generate electricity. (dan.molinski@wsj.com)
美国东部时间1045ET-天然气价格跌破4美元，下跌1.8%，至日内低点3.981美元/mmBtu，此前美国能源情报署报告称，每周储气量增加高于平均水平。这家美国政府机构表示，上周储存的天然气增加了490亿立方英尺，略高于《华尔街日报》(WSJ)调查预测的48bcf的增幅，也高于42bcf的五年平均增幅。目前总库存量为2.776吨立方英尺，比去年低17%，比五年平均水平低6%。分析人士说，美国最大的风力生产国得克萨斯州上周的强风帮助减少了需求，因为发电厂使用更多的风力发电，更少的天然气发电。(dan.molinski@wsj.com)