Thursday, January 6, 2011

EIA: Storage -135 Bcf to 3.097 Tcf

The weekly working gas in storage report showed a 135 Bcf decrease, bringing the current storage levels to 3.097 Tcf.  The weekly withdrawal was slightly below last year's 149 Bcf withdrawal (remember how cold January was last year?) but significantly higher than the five year average of 79 Bcf.

Temperatures across the country were only slightly colder than normal in aggregate (and slightly warmer than last year), but temperatures in the Southeast U.S. were 6.9 degrees below normal for the week.

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