Thursday, October 1, 2015

EIA: Gas in Storage +98 Bcf to 3.538 Tcf

The EIA reported this morning that working gas in storage was up 98 Bcf to 3.538 Tcf.  The weekly injection was 11% lower than last year (+110 Bcf) but 4% above the five year average (+94 Bcf).  The current storage level is now 14.7% higher than last year (3.084 Tcf, a difference of 454 Bcf) and 4.5% above the five year average (3.386 Tcf, a difference of 152 Bcf).

Temperatures in the Lower 48 last week averaged 69 degrees, which was 3 degrees warmer than both last year and average.  There were 41 population-weighted cooling degree days, nine more than last ear and seven more than the five year average.

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