Thursday, November 8, 2012

Storage: +21 Bcf to 3.929 Tcf

The weekly EIA storage report showed a 21 Bcf net injection, bringing the total working gas in storage to 3.929 Tcf.  The weekly injection was 56% below last year (+48 Bcf) and 42% below the five year average (+36 Bcf).  The total storage level is now 2.9% above last year (3.82 Tcf) and 6.6% above the five year average (3.685 Tcf).

Temperatures last week averaged 51.0 degrees, 1.3 degrees warmer than last year and 1.0 degrees cooler than the five year average.

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