How natgas gets stored (click for larger version)
One of the key statistics followed by natural gas traders, drillers, and others with an interest in the natgas industry, is the "inventory" or storage level. Specifically, number crunchers love to compare where the current storage level is compared with the five-year moving average. In December when temps were moderate, the storage level was above the five-year moving average. In January with the repeated arctic cold blasts we've seen in the northern part of the country, the storage level has moved below the five-year average.
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