Thursday, June 28, 2012

EIA: Storage + 57 Bcf to 3.063 Tcf

The EIA working gas in storage report showed a 57 Bcf net increase this week, bringing the total gas in storage to 3.063 Tcf.  The weekly injection was 32% below last year (+84 Bcf) and 33% below the five year average (+85 Bcf). The current storage level is still 27.1% above last year (2.41 Tcf) and 25.0% above the five year average (2.45 Tcf).

Temperatures across the U.S. last week averaged 74 degrees, which was 0.6 degrees warmer than last year and 2.7 degrees warmer than normal.

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