Summit Pricing Report for September 6, 2016

View the full report here. The latest storage report from the EIA reflected a 51 injection for the week of August 26, 2016 to 3,401 Bcf; greater than the 42 Bcf injection consensus, but below the 88 Bcf injection reported for the same week in 2015. The current storage total of 3,401 Bcf is 238 Bcf higher that at the same time in 2015 and 334 Bcf above the five-year average of 3,067 Bcf. After the storage release, prices for October 2016 came in at $2.807 per MMBtu, down 8.0 cents. The current NYMEX October 2016 price is at $2.732 per MMBtu (as of 11:00AM, MDT, 09/06/1...

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