Thursday, October 25, 2012

EIA: Storage +67 Bcf to 3.843 Tcf

The EIA reported that gas in storage increased 67 Bcf last week, bringing the level of working gas in storage to 3.843 Tcf.  The weekly injection was 29% below last year (+95 Bcf) and 3% above the five year average (+65 Bcf).  The current storage level is 4.1% above last year (3.69 Tcf) and 7.0% above the five year average (3.592 Tcf).

Temperatures last week averaged 58.3 degrees, 1.3 degrees cooler than last year and 1.1 degrees warmer than average.

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