Thursday, September 24, 2015

EIA: Gas in Storage +106 Bcf to 3.44 Tcf

The EIA reported this morning that working gas in storage was up 106 Bcf last week to 3.44 Tcf.  The weekly injection was 10% above last year (+96 Bcf) and 28% higher than the five year average (+83 Bcf).  The current storage level is now 15.7% above last year (2.974 Tcf, a difference of 466 Bcf) and 4.5% above the five year average (3.292 Tcf, a difference of 148 Bcf).

Temperatures in the Lower 48 last week averaged 69 degrees, which was 3 degrees warmer than last year and 1 degree warmer than average.  There was 1 less population weighted cooling degree day (CDD) than last year and 2 fewer than average.

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