Thursday, June 25, 2015

EIA: Gas in Storage +75 Bcf to 2.508 Tcf

The EIA announced this morning that working gas in storage was up 75 Bcf last week to 2.508 Tcf.  The injection was 13% lower than last year (+86 Bcf) and 32% below the five year average (+110 Bcf).  The current storage level is now 38.3% higher than last year (1.813 Tcf, a difference of 695 Bcf) and 1.4% above the five year average (2.473 Tcf, a difference of 35 Bcf.

Temperatures in the Lower 48 last week averaged 75 degrees, which was 3 degrees warmer than last year and 4 degrees warmer than average.

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