Thursday, August 25, 2011

EIA: Storage +73 Bcf to 2.906 Tcf

The weekly EIA working gas in storage report showed a 73 Bcf increase to 2.906 Tcf.  The net injection is 92% greater than last year (+38 Bcf) and 33% greater than the five year average (+55 Bcf).  The current storage level is 4.6% below last  year (3.046 Tcf) and 1.9% below the five year average (2.961 Tcf).

Temperatures last week averaged 74.6 degrees, 0.4 degrees warmer than normal, but 2.6 degrees below last year.

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