Thursday, October 22, 2015

EIA: Gas in Storage +81 Bcf to 3.814 Tcf

The EIA announced this morning that working gas in storage was up 81 Bcf to 3.814 Tcf.  The weekly injection was 14% below last year (+94 Bcf) and 6% smaller than the five year average (+86 Bcf).  The current storage level is now 12.8% higher than last year (3.38 Tcf, a difference of 434 Bcf) and 4.5% above the five year average (3.651 Tcf, a difference of 163 Bcf).

From EIA: "temperatures in the Lower 48 states averaged 63° for the storage report week, 5° warmer than the 30-year normal temperature and 3° warmer than the average temperature during the same week last year. There were 37 population-weighted heating degree days (HDD) during this report week, 7 HDD fewer than the five-year average and 14 HDD fewer than during the same period last year. There were also 24 population-weighted cooling degree days (CDD) this report week, 9 CDD more than the five-year average and 4 CDD more than this week last year."

No comments: