The US Energy Information Administration reported the largest weekly draw from gas in underground storage of the current heating season on Jan. 22, but Henry Hub futures continued to flounder as milder weather points to smaller pulls ahead. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Storage inventories decreased 187 Bcf to 3.009 Tcf for the week ended Jan. 15. The report was issued one day later than usual due to federal offices being closed for the US presidential inauguration on Jan. 20. Lower temperatures propelled residential-commercial and industrial demand nearly 4 Bcf/d higher week over week, according to S&P Global Platts Analytics. In addition, gas-fired power generation demand grew 2.2 Bcf/d, with weakness in wind generation and higher total loads driving thermal generation higher. In addition […]