Thursday, October 23, 2014

EIA: Storage +94 Bcf to 3.393 Tcf

The EIA announced this morning that working gas in storage was up 94 Bcf to 3.393 Tcf.  The weekly injection was 9% above last year (+86 Bcf) and 34% greater than the five year average (+70 Bcf).  The current storage level is now 9.0% below last year (3.729, a difference of 336 Bcf) and 9.1% below the five year average (3.731 Tcf, a difference of 338 Bcf).

Temperatures last week in the Lower 48 averaged 60.6 degrees, which was 0.7 degree warmer than last year and 2.7 degrees warmer than average.

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