Thursday, September 1, 2011

EIA: Storage +55 Bcf to 2.961 Tcf

The weekly EIA working gas in storage report showed a 55 Bcf net injection, bringing the total gas in storage to 2.961 Tcf.  The injection was in line with last year (+52 Bcf) and the five year average (+60 Bcf).  The current storage level is 4.4% lower than last year (3.098 Tcf) and 2.0% lower than the five year average (3.021 Tcf).

Temperatures last week averaged 75.7 degrees, which was 2.4 degrees warmer than normal.

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