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 33 Bcf last week, increasing to 2,387 Bcf from 2,354 Bcf. This is 22.3% below the 3,074 Bcf that was in storage at this point last year, and is 20.0% below the five-year average of 2,982 Bcf. This week’s storage build was in line with expectations, as analysts predicted a build of 29 Bcf.

 

Several regions saw a draw this week, with inventories decreasing by 10 Bcf in the South Central and 5 Bcf in the Pacific. The largest increases came in the East and Midwest regions, which added 17 Bcf and 24 Bcf, respectively.

Stocks in every region are below the five-year average. Gas in storage in salt stocks in the South Central region is the farthest below the five-year average for the area, at 29.9% below the average.

Weekly Gas Storage: Modest Build

Weekly Gas Storage: Modest Build

Weekly Gas Storage: Modest Build


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