Thursday, June 30, 2011

EIA: Storage +78 Bcf to 2.432 Tcf

The weekly EIA working gas in storage report showed a 78 Bcf net injection, bringing the total gas in storage to 2.432 Tcf.  The weekly injection was 24% higher than last year (+63 Bcf) and 1% higher than the five year average (77 Bcf).  The current storage level is 9.1% lower than last year (2.675 Tcf) and 2.5% lower than the five year average (2.495 Tcf).

Temperatures last week averaged 73.7 degrees, 1.7 degrees warmer than normal.

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