Thursday, May 21, 2015

EIA: Storage +92 Bcf to 1.989 Tcf

The EIA reported this morning that working gas in storage was up 92 Bcf to 1.989 Tcf.  The weekly injection was 13% lower than last year (+106 Bcf) but 3% above the five year average (+89 Bcf).  The current storage level is now 59.0% above last year (1.251 Tcf, a difference of 738 Bcf) but 1.7% below the five year average (2.024 Tcf, a difference of 35 Bcf).

Temperatures in the Lower 48 last week averaged 63.6 degrees, which was 1.7 degrees cooler than last year and 2.9 degrees warmer than average.

No comments: