Volatility likely after AGA, EIA swap on storage data

US natural gas markets may suffer some short-term uncertainty and volatility after the American Gas Association relinquishes to the Energy Information Administration its duties of compiling and publishing weekly natural gas storage data in May. However, in the long term, the transfer will be a positive development, according to a report released earlier this month by Simmons & Co. International, Houston.When the EIA takes over the collection and compilation of storage data, it will use a different methodology than that used by AGA, Simmons noted. Also, EIA will be surveying a different set of companies, the firm said. These changes, in the short term, should be monitored closely by indust...

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