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 91 Bcf last week, decreasing to 2,614 Bcf from 2,705 Bcf. This is 7.2% below the 2,818 Bcf that was in storage at this point last year and is 15.1% below the five-year average of 3,078 Bcf. This week’s storage draw exceeded expectations, as analysts predicted a draw of 65 Bcf.

 

Most regions saw a draw this week, with the largest in the Midwest and Pacific region where stocks fell by 35 Bcf and 16 Bcf. The only build was in salt stocks in the South Central region, where inventories increased by 6 Bcf.

Stocks in every region are below the ...


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