Thursday, August 13, 2015

EIA: Gas in Storage +65 Bcf to 2.977 Tcf

The EIA reported this morning that working gas in storage was up 65 Bcf to 2.977 Tcf.  The weekly injection was 18% below last year (+79 Bcf), but 35% above the five year average (+48 Bcf).  The current storage level is now 21.2% higher than last year (2.456 Tcf, a difference of 521 Bcf) and 2.8% above the five year average (2.896 Tcf, a difference of 81 Bcf).

Temperatures last week in the Lower 48 were 2 degrees warmer than last year and 1 degree warmer than average.

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