March natural gas prices traded near unchanged levels through the course of the overnight and early morning hours. Some traders suggested that the market was a bit anxious ahead of this morning's EIA storage report. Expectations are for a draw in the range of 90 bcf, which is substantially smaller than last year's withdrawal of 206 bcf and the 5-year average decline of 191 bcf. The latest EIA Short Term Energy Outlook updated their 2012 supply and demand forecasts, which projected another record year of production. While consumption is also expected to increase, it does not appear to be enough to work through excess storage.