Thursday, April 12, 2012

EIA: Storage +8 Bcf to 2.487 Tcf

The weekly EIA working gas in storage report showed an 8 Bcf net increase, bringing the total gas in storage to 2.487 Tcf.  The weekly injection was in line with last year (+7 Bcf) and 14 Bcf below the five year average (+22 Bcf).  The current storage level is 55.5% above last year (1.599 Tcf) and 58.7% above the five year average (1.567 Tcf).

Temperatures last week were 4.1 degrees warmer than last year and 5.7 degrees warmer than normal.

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