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 20 Bcf last week, decreasing to 2,705 Bcf from 2,725 Bcf. This is 14.3% below the 3,143 Bcf that was in storage at this point last year and is 17.2% below the five-year average of 3,265 Bcf. This week’s storage draw fell short of expectations, as analysts predicted a draw of 44 Bcf.

 

Most regions saw a draw this week, with the largest in the East and Midwest region where stocks fell by 15 Bcf and 20 Bcf. The only build was in salt stocks in the South Central region, where inventories increased by 22 Bcf.

Stocks in every region are below ...


Legal Notice