Thursday, April 16, 2015

EIA: Gas in Storage +63 Bcf to 1.539 Tcf

The EIA announced this morning that working gas in storage was up 63 Bcf last week to 1.539 Tcf.  The weekly injection was nearly triple last year's (+22 Bcf) and 80% greater than the five year average (+35 Bcf).  The current storage level is now 81.7% higher than last year (847 Bcf, a difference of 692 Bcf) but 8.6% below the five year average (1.684 Tcf, a difference of 145 Bcf).

Temperatures last week averaged 53.3 degrees, which was 2.3 degrees warmer than last year and 3.1 degrees warmer than average.

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