Thursday, October 9, 2014

EIA: Gas in Storage +105 Bcf to 3.205 Tcf

The EIA reported this morning that working gas in storage is up 105 Bcf to 3.205 Tcf.  The weekly injection was 15% above last year (+91 Bcf) and 25% higher than the five year average (+84 Bcf).  The current storage level is now 10.1% below last year (3.564 Tcf, a difference of 359 Bcf) and 10.5% below the five year average (3.583 Tcf, a difference of 378 Bcf).

Temperatures last week in the Lower 48 averaged 66.6 degrees, which was 1.3 degrees warmer than last year and 3.6 degrees warmer than average.

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