Thursday, November 14, 2013

EIA: Working Gas in Storage +20 Bcf to 3.834 Tcf

The EIA reported this week that working gas in storage was up 20 Bcf to 3.834 Tcf.  The weekly injection was 32 Bcf higher than last year (a withdrawal of 12 Bcf) but in line with the five year average (+19 Bcf). The current storage level is now 2.0% below last year (3.914 Tcf) and 1.5% above the five year average (3.776 Tcf).

Temperatures last week in the Lower 48 averaged 51.0 degrees, which was 2.1 degrees warmer than last year and 1.1 degrees warmer than average.

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