Thursday, September 17, 2015

EIA: Gas in Storage +73 Bcf to 3.334 Tcf

The EIA announced this morning that working gas in storage was up 73 Bcf last week to 3.334 Tcf.  The weekly injection was 19% below last year (+90 Bcf) and in line with the five year average (+75 Bcf).  The current storage level is now 15.8% above last year (2.878 Tcf, a difference of 456 Bcf) and 3.9% higher than the five year average (3.209 Tcf, a difference of 125 Bcf).

Temperatures in the Lower 48 last week averaged 76 degrees, which was 3 degrees warmer than last year and 6 degrees warmer than normal.   There were 77 population-weighted cooling degree days (CDD) last week, which was 18 more than last year and 22 more than the five year average.

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