US natural gas in storage likely plummeted by the largest volume of the season in the week ended Jan. 29 as a cold front increased the draw on stock significantly in the East and Midwest, pushing up regional prices in the process. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The US Energy Information Administration is expected to report a 195 Bcf withdrawal for the week ended Jan. 29, according to a survey of analysts by S&P Global Platts. Responses to the survey ranged from a 175 to a 208-Bcf withdrawal. A 195 Bcf pull would be much more than the 155 Bcf withdrawal reported in the corresponding week last year as well as the five-year average draw of 146 Bcf. A withdrawal within expectations would decrease stocks to 2.686 Tcf. The surplus to the five-year average would slide to 195 Bcf, and […]

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