Thursday, November 7, 2013

EIA: Gas in Storage +35 Bcf to 3.814 Tcf

The EIA reported this week that working gas in storage was up 35 Bcf to 3.814 Tcf.  The weekly injection was 30% higher than last year (+27 Bcf) but in line with the five year average (+36 Bcf).  The current storage level stands at 2.9% below last year (3.926 Tcf) but 1.5% above the five year average (3.757 Tcf).

Temperatures last week averaged 51.4 degrees, which was 2.7 degrees cooler than last  year and 0.9 degrees cooler than average.

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