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 48 Bcf last week, decreasing to 2,725 Bcf from 2,773 Bcf. This is 18.6% below the 3,348 Bcf that was in storage at this point last year and is 19.2% below the five-year average of 3,372 Bcf. This week’s storage draw was in line with expectations, as analysts predicted a draw of 49 Bcf.

 

Most regions saw a draw this week, with the largest in the East and Midwest region where stocks fell by 16 Bcf and 23 Bcf. The only build was in salt stocks in the South Central region, where inventories increased by 12 Bcf.

Stocks in every region are bel...


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