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 to 1,653 Bcf from 1,547 Bcf. This is 8.5% above the 1,523 Bcf that was in storage at this point last year and is 14.7% below the five-year average of 1,939 Bcf. This week’s storage build was approximately in line with analysts' prediction of a build of 105 Bcf.

 

All regions saw a build this week, with the largest in the South Central region, where stocks increased by 32 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 avera...


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