Thursday, May 16, 2013

EIA: Gas in Storage +99 Bct to 1.964 Tcf

The EIA reported this week that working gas in storage was up 99 Bcf to 1.964 Tcf.  The weekly injection was 77% higher than last year (+56 Bcf) and 19% above the five year average (+83 Bcf). The current storage level is 26.1% below last year (2.658 Tcf) and 4.1% below the five year average (2.047 Tcf).

Temperatures last week averaged 59.1 degrees, which was 6.1 degrees cooler than last year and exactly the same as the normal temperature for that time of year.

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