US gas supply, demand numbers in flux

With the onset of the winter heating season, there is flux in the numbers for US natural gas supply and demand. In the former instance, a clearer picture may emerge; in the latter, the view remains cloudy.In other words: Things are not always what they seem to be when it comes to the outlook for natural gas prices.Storage dataThe US Energy Information Administration has instituted a change in natural gas storage data methodology that was to take effect Oct. 30. When the new approach kicks in, EIA will give storage estimates for the week ended Oct. 24 and release revised storage numbers for July 4-Oct 17.The change entails an increase in the number of storage companies surveyed, to 55 from...

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