*EIA: US Total Working Gas In Storage +111 Bcf At 3312 Bcf
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US Crude Stocks- UP 1.915 MB (Cushing Stocks – Down 1.078 at 30.92 MB)
US Gasoline Stocks- Up 0.791 MB
US Distillate Stocks- UP 0.072 MB
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I encourage all of you to tune your televisions to CBS on Thursday at 8:30 PM eastern, 7:30 PM central to the program, “How To Be A Gentleman,” written and staring David Hornsby (my son). Please excuse this shameless act of self promotion, but we’ll do anything to boost the ratings!
C.W. Hornsby
US Crude Stocks- Up 0.568 MB —- Cushing Stocks Down 1.021 MB at 30.918MB
US Gasoline Stocks- Up 4.621 MB
US Distillate Stocks- Down 0.223 MB
Natural gas inventories are expected to build 110 bcf this week, as temperatures were slightly below-normal in popweighted
consumption areas and CDD forecasts moved further into the shoulder month of September. Our CDD
forecast is 28.9 and less than the 10-year normal of 37.1. A build of 110 bcf this week would compare to a five-year
average build of 68 bcf. Looking to next week, temperatures warm a bit across the country. Our early CDD forecast is
30.7 and much closer to the 10-year norm of 30.1. Such a reading would create a build in inventories of around 105
bcf and compare to a five-year average build of 74 bcf
