Last week’s addition to natural gas in storage proved much larger than the market expected, prompting the remaining Henry Hub summer strip to fall more than 10 cents. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The amount of natural gas in US storage facilities increased 120 Bcf to 3.012 Tcf in the week that ended June 19, according to US Energy Information Administration data released June 25. The injection was significantly above the consensus expectations of an S&P Global Platts’ survey of analysts, which called for a 107 Bcf build. Responses to the survey ranged from an injection of 88 Bcf to one of 120 Bcf. The injection was also larger than the 103 Bcf reported during the same week last year and the five-year average build of 73 Bcf, according to EIA data. In addition, the injection was larger than the […]