40 | Summary | |||||
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41 | Natural gas inventories are projected to finish the 2024 injection season at 3840 BCF, a storage surplus versus the 5-year average of +94 BCF. Should it verify, this would be the 2nd most Bearish season-ending level in the last 5-years and the 7thmost bearish projected season-ending mark in the 30 years of EIA records. Over the next 8-months through January 10, 2025, the current +586 BCF EIA-reported natural gas storage surplus versus the 5-year average will narrow by 609 BCF to -23 BCF. |