Thursday, July 11, 2013

EIA: Storage +82 Bcf to 2.687 Tcf

The EIA storage report showed an 82 Bcf net injection this week, bringing the total working gas in storage to 2.687 Tcf.  The weekly injection was 141% greater than last year (+34 Bcf) and 11% above the five year average (+74 Bcf).  The current storage level is 14.2% below last year (3.13 Tcf) and 0.8% below the five year average (2.709 Tcf).

Temperatures in the Lower 48 last week averaged 75.7 degrees, 2.1 degrees cooler than last year and 1.7 degrees warmer than average.

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