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Apurva
Topic Author
Posts: 2
Joined: October 13th, 2019, 6:45 pm

Linear regression EIA natural gas storage

October 13th, 2019, 7:01 pm

Given any weekly EIA gas storage number, what does it mean how loose or tight is that storage number to last one year regression ? How can I compute and express the result in bcf/day 
AS
 
Apurva
Topic Author
Posts: 2
Joined: October 13th, 2019, 6:45 pm

Re: Linear regression EIA natural gas storage

October 13th, 2019, 8:22 pm

In my regression, can I consider 'x' to be the weekly EIA gas storage (Lower 48 number) , and 'y' to be the CME Natural Gas prompt futures contract settlement on the storage report published day ?
AS