Thursday, August 1, 2013

EIA: Storage +59 Bcf to 2.845 Tcf

The EIA reported that working gas in storage was up 59 Bcf to 2.845 Tcf.  The injection was more than double last year (+28 Bcf) and 26% higher than the five year average (+47 Bcf).  The current storage level is now 11.5% below last year (3.213 Tcf) and 1.2% below the five year average (2.879 Tcf).

Temperatures in the Lower 48 last week averaged 76.6 degrees, which was 1.4 degrees cooler than last year and 1.1 degrees warmer than average.

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