Thursday, November 1, 2012

EIA: Storage +65 Bcf to 3.908 Tcf

The EIA storage report showed a 65 Bcf increase, bringing the total working gas in storage to 3.908 Tcf.  The weekly injection was 21% below last year (+82 Bcf) but 14% above the five year average (+57 Bcf).  The current storage level is 3.6% above last year and 7.1% above the five  year average.

Temperatures last week averaged 58.7 degrees, which was 3.9 degrees warmer than last year and 4.4 degrees warmer than the 30 year average.

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