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 96 Bcf last week, increasing to 1,913 Bcf from 1,817 Bcf. This is 29.1% below the 2,698 Bcf that was in storage at this point last year, and is 21.0% below the five-year average of 2,420 Bcf. This week’s storage draw was in line with expectations, as analysts predicted a build of 90 Bcf.

Inventory increases were seen across the board this week, as th...

Legal Notice