Thursday, June 16, 2011

EIA: Storage +69 Bcf to 2.256 Tcf

The weekly EIA working gas in storage report showed a 69 Bcf net injection, bringing the storage levels to 2.256 Tcf.  The weekly injection was 22% lower than last year (89 Bcf) and 21% lower than the five year average (88 Bcf).  The current storage level is 10.9% below last year (2.531 Tcf) and 3.3% lower than the five year average (2.332 Tcf).


Temperatures in the Lower 48 last week averaged 72.4 degrees, 4.0 degrees warmer than the five year average and 1.0 degrees above last year.

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