The EIA released its weekly Natural Gas Storage Report today, outlining how national natural gas stocks have changed in the last week.

In total, the EIA reports natural gas stocks rose by 123 Bcf last week, increasing to 1,462 Bcf from 1,339 Bcf. This is 9.6% above the 1,334 Bcf that was in storage at this point last year and is 17.8% below the five-year average of 1,778 Bcf. This week’s storage build slightly exceeded expectations, as analysts predicted a build of 114 Bcf.

 

All regions saw a build this week, with the largest in the South Central region, where stocks increased by 50 Bcf.

Stocks in every region are below the five-year average. Gas in storage in the Mountain region is the farthest below the five-year averag...


Legal Notice