EIA Weekly Natural Gas Storage Report – down 57 BCF to 896 BCF – above expectations, market trades up slightly – 50.8% below the five year average........... The return of Spring provides no relief from the cold weather as heating degree days continue to rise throughout Northeast.......... Early weather forecast show El Nino patterns for middle and late 2014 reducing the number of hurricanes forming off the African coast.......... EIA announces storage under 900 BCF for the first time in 11 years, but also remains adamant that supply can meet demand and refill summer storage..........
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