Thursday, July 14, 2011

EIA: Storage +84 Bcf to 2.611 Tcf

The weekly EIA working gas in storage report showed an 84 Bcf net injection, bringing the total gas in storage to 2.611 Tcf.  The injection was 8% above last year (+78 Bcf) and 5% below the five year average (+88 Bcf).  The current storage level is 7.7% lower than last year (-218 Bcf) and 2.0% lower than the five year average (-52 Bcf).

Temperatures last week averaged 77.1 degrees, 2.9 degrees warmer than normal and 2.3 degrees warmer than last year.

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