Thursday, March 15, 2012

EIA: Storage -64 Bcf to 2.369 Tcf

The weekly EIA working gas in storage report showed a 64 Bcf withdrawal, bringing the total gas in storage to 2.369 Tcf.  The weekly withdrawal was just slightly above last year (-60 Bcf) but 19% below the five year average (-79 Bcf).  The current storage level is 45% above last year (1.694 Tcf) and 51.7% above the five year average (1.562 Tcf).

Temperatures last week were 3.1 degrees warmer than last year and 3.7 degrees warmer than the 30 year average. 

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