Thursday, April 24, 2014

EIA: Storage +49 Bcf to 899 Bcf [Updated]

EIA reported that working gas in storage was up 49 Bcf to 899 Bcf. The weekly injection was 63% greater than last year (+30 Bcf) but in line with the five year average (+47 Bcf).  The current storage level is 48.0% below last year (1.73 Tcf, a difference of 831 Bcf) and 52.9% below the five year average (1.907 Tcf, a difference of 1.008 Tcf).


Temperatures in the Lower 48 last week averaged 53.6 degrees, which was 0.4 degrees warmer than last year and 0.9 degrees warmer than average.

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