Thursday, September 19, 2013

EIA: Storage +46 Bcf to 3.299

The EIA announced that working gas in storage was up 46 Bcf this week to 3.299 Tcf.  The weekly injection was 25% below last year (+61 Bcf) and 38% below the five year average (+74 Bcf).  The current storage level is 5.4% below last year (3.486 Tcf) and 0.5% above the five year average (3.281 Tcf).

With this week's positive storage report, the storage level has narrowed its deviation from the five year average:

Temperatures last week averaged 73.9 degrees, which was 2.3 degrees warmer than last year and 4.6 degrees warmer than average.

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