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 59 Bcf last week, decreasing to 3,054 Bcf from 3,113 Bcf. This is 17.4% below the 3,698 Bcf that was in storage at this point last year and is 19.1% below the five-year average of 3,774 Bcf. This week’s storage draw fell slightly short of expectations, as analysts predicted a draw of 76 Bcf.

 

Nearly every region saw a draw this week, with the largest in the East and Midwest region where stocks fell by 25 Bcf and 21 Bcf. The only build came in salt stocks in the South Central region, which added 8 Bcf.

Stocks in every region are below the...


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