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 fell by 36 Bcf last week, dropping from 1,335 Bcf to 1,299 Bcf. This is 38.3% below the 2,107 Bcf that was in storage at this point last year, and is 25.7% below the five-year average of 1,748 Bcf. This week’s storage draw was in line with expectations, as analysts predicted a draw of 24 Bcf.

Weekly Gas Storage: Cold Weather Extends Draw

Only one region saw gas inventories increase this week, the Pacific region, where inventories rose by 4 Bcf. The Midwest region showed the only significant decline as stocks in the area fell by 18 Bcf.

Stocks in every region are below the five-year average. Gas in storage in the Midwest region is the farthest below the five-year average for the area, at 36.1% below the average.

Weekly Gas Storage: Cold Weather Extends Draw

Weekly Gas Storage: Cold Weather Extends Draw

Weekly Gas Storage: Cold Weather Extends Draw


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