Thursday, June 7, 2012

EIA: Storage +62 Bcf to 2.877 Tcf

The EIA working gas in storage report showed a 62 Bcf net increase this week, bringing the total gas in storage  to 2.877 Tcf. The weekly injection was 23% below last year (+81 Bcf) and 37% below the five year average. The current storage level is 32.9% above last year (2.164 Tcf) and 31.4% above the five year average.


Temperatures last week averaged 70.7 degrees, 1.4 degrees warmer than last year and 4.7 degrees warmer than normal.

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