Thursday, December 20, 2012

EIA: Storage -82 Bcf to 3.724 Tcf

The EIA working gas report showed a decrease of 82 Bcf to 3.724 Tcf.  The weekly withdrawal was 18% below last year (-100 Bcf) and 43% below the five year average (-144 Bcf).  The current storage level is 1.8% above last year (3.658 Tcf) and 10.2% above the five year average (3.379 Tcf).  After getting so close to normal, storage levels are backsliding to dangerous levels.

Temperatures last week averaged 42.6 degrees, 4.7 degrees warmer than last year and 4.4 degrees warmer than the five year average.

No comments: