Thursday, October 6, 2011

EIA: Storage +97 Bcf to 3.409 Tcf

The weekly EIA working gas in storage report showed a 97 Bcf increase, bringing the total gas in storage to 3.409 Tcf.  As with past weeks, the weekly injection surpassed last year (+15%) and the five year average (+31%).  The current storage level is 2.2%, or 78 Bcf, below last year and 0.8%, or 28 Bcf, above the five year average.

Temperatures last week averaged 67.7 degrees, which is 3.7 degrees warmer than normal.

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