Thursday, July 2, 2015

EIA: Gas in Storage +69 Bcf to 2.577 Tcf

The EIA announced this morning that working gas in storage was up 69 Bcf to 2.577 Tcf.  The weekly injection was 32% below last year (+102 Bcf) and 8% below the five year average (-75 Bcf).  The current storage level is now 34.6% above last year (1.915 Tcf, a difference of 662 Bcf) and 1.1% above the five year average (2.548 Tcf, a difference of 29 Bcf).

Temperatures last week in the Lower 48 averaged 75 degrees, which was 2 degrees warmer than last year and 3 degrees warmer than average.

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