Thursday, January 8, 2015

EIA: Gas in Storage -131 Bcf to 3.089 Tcf

The EIA reported this morning that working gas in storage was down 131 Bcf to 3.089 Tcf last week.  The weekly withdrawal was 18% smaller than last year (-159 Bcf) and 10% below the five year average (-145 Bcf).  The current storage level is now 8.8% above last year (2.839 Tcf, a difference of 250 Bcf) but 2.1% below the five year average (3.156 Tcf, a difference of 67 Bcf).


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