Thursday, July 31, 2014

EIA: Gas in Storage up 88 Bcf to 2.307 Tcf

The EIA reported this morning that working gas in storage was up 88 Bcf to 2.307 Tcf.  The weekly injection was 54% higher than last year (+57 Bcf) and 91% greater than the five year average (+46 Bcf).  The current storage level is now 18.7% below last year (2.837 Tcf, a difference of 530 Bcf) and  21.7% below the five year average (2.948 Tcf, a difference of 641 Bcf).


Temperatures last week averaged 74.0 degrees, which was 3.6 degrees cooler than last year and 1.4 degrees cooler than average.

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