Thursday, December 31, 2015

EIA: Gas in Storage -58 Bcf to 3.756 Tcf

The EIA reported this morning that working gas in storage was down 58 Bcf to 3.756 Tcf.  The weekly withdrawal was double last year's (-29 Bcf), but 39% lower than the five year average (-95 Bcf).  The current storage level is now 16.5% above last year (3.224 Tcf, a difference of 532 Bcf) and 13.5% larger than the five year average (3.308 Tcf, a difference of 448 Bcf).

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