Thursday, April 29, 2010

Gas in Storage: +83 Bcf

The weekly EIA working gas in storage report showed an increase of 83 Bcf to 1.912 Tcf.  This is somewhat greater than the increase last year (+77 Bcf) and the five year average (+66 Bcf).  With the increase, the current year's storage figure is 5.6% higher than last year's (already high) number and 18.8% higher than the five year average.  Unfortunately, but not unexpectedly, the red line (current year) is starting to poke out of the shaded five year band in the graphic below:

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