Thursday, May 29, 2014

EIA: Gas in Storage +114 Bcf to 1.38 Tcf

The EIA reported that working gas in storage was up 114 Bcf last week to 1.38 Tcf.  The weekly injection was 30% higher than last year (+88 Bcf) and 23% above the five year average (+93 Bcf).  The current storage level is now 35.2% below last year (2.128 Tcf) and 40.1% below the five year average (2.302 Tcf).


Temperatures in the Lower 48 last week averaged 62.3 degrees, which was 5.7 degrees cooler than last year and 1.1 degrees cooler than the five year average.

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