Despite February’s deep freeze drastically reducing Midwest gas storage volumes, mild weather in March looks to flip the deficit back in line with historical norms as supply grows and regional prices retreat. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Storage withdrawals could decline further this month amid weaker demand, limiting the upside risk on regional prices going into the summer. Storage withdrawals in the Midwest have dipped to average 3.3 Bcf/d in March, 4 Bcf/d below the February average, according to S&P Global Platts Analytics. This has pushed inventories to 397 Bcf, down by 63 Bcf year over year. February’s extreme cold had pushed inventories as low as 80 Bcf below year-ago levels as the region hit record-high levels of demand. The winter storm also pushed up […]