EIA Natural Gas Storage Change - Higher Print but initially lower but reverses

This Thursday afternoon, February 9th 2012 at 10:00 EST (15:00 GMT) the Natural Gas Storage Change figure was released from the EIA. Have only been watching this release lately as very high storage levels have been reported this winter which has brought the price of Natural Gas very low. A few weeks ago Chesapeake tried to help this by announcing plans to cut their Natural Gas production. So the market has consolidated a bit for now.

Here are the figures:

EIA Natural Gas Storage Change
Estimates- Median: -86 Average: -86 Range: -99 to -75
Actual: -78 Prior: -132 No Revision

Here is the 1 minute chart of the Natural Gas Future. From a Spreadbet chart, so no decimal place:

Also included are some Energy Stocks...what is interesting is how these stocks sold off before the annnouncement. Had a slight lower tick on the release and then managed to rally several minutes later, much like the Natural Gas Future did:

Chesapeake (CHK) is always one to watch for Gas:

Cabot (COB) also is good:

Not sure about Devon's (DVN) involvement with Gas, but a smaller energy company:

Finally 2 big companies Exxon (XOM) and BP which trades in London: