Thursday, August 18, 2011

EIA: Storage +50 to 2.833 Tcf

The weekly EIA working gas in storage report showed a 50 Bcf increase to 2.833 Tcf.  The weekly injection was 78% higher than last year (+22 Bcf) and 16% higher than the five year average (+43 Bcf).  The current storage level is 5.8% below last year (3.008 Tcf) and 2.5% below the five year average (2.863 Tcf).

Temperatures last week averaged 77.0 degrees, which was 2.1 degrees warmer than normal.

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