Thursday, March 12, 2015

EIA: Gas in Storage -198 Bcf to 1.512 Tcf

The EIA announced this morning that working gas in storage was down 198 Bcf to 1.512 Tcf. The weekly withdrawal was 5% above last year (-189 Bcf) but 71% greater than the five year average (-116 Bcf).  The current storage level is now 46.9% above last year (1.029 Tcf, a difference of 483 Bcf) but 13.0% below the five year average (1.737 Tcf, a difference of 225 Bcf).


Temperatures in the Lower 48 last week averaged 31.4 degrees last week, which was 1.3 degrees warmer than last year but 9.4 degrees cooler than average.


No comments: