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Analysts see US gas storage surplus widening as mild autumn weather persists

October 24, 2023 Comments Off

Injections to US natural gas storage likely outpaced the historical average again in mid-October, even as cooler weather in the Northeast and central south fueled weekly gains in heating and power demand. In its upcoming Oct. 26 inventory report, the US Energy Information Administration is expected to announce an 81 Bcf build to US gas storage in the week prior,…