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 106 Bcf last week, increasing from 1,538 Bcf to 1,432 Bcf. This is 34.8% below the 2,359 Bcf that was in storage at this point last year, and is 24.6% below the five-year average of 2,039 Bcf. This week’s storage draw was perfectly in line with expectations, as analysts predicted a draw of 104 Bcf.

Inventory increases were seen across the board this ...

Legal Notice