Thursday, September 4, 2014

EIA: Gas in Storage +79 Bcf to 2.709 Tcf

The EIA reported this morning that working gas in storage was up 79 Bcf to 2.709 Tcf. The weekly injection was 32% above last year (+60 Bcf) and 41% greater than the five year average (+56 Bcf). The current storage level is now 14.8% below last year (3.18 Tcf, a difference of 471 Bcf) and 15.4% below the five year average (3.204 Tcf, a difference of 495 Bcf).

Temperatures in the Lower 48 last week averaged 75.0 degrees, which was 0.1 degree cooler than last year and 2.6 degrees warmer than average.

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