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 77 Bcf last week, decreasing to 2,914 Bcf from 2,991 Bcf. This is 19.9% below the 3,636 Bcf that was in storage at this point last year and is 19.9% below the five-year average of 3,637 Bcf. This week’s storage draw was in line with expectations, as analysts predicted a draw of 82 Bcf.

 

Nearly every region saw a draw this week, with the largest in the East and Midwest region where stocks fell by 20 Bcf and 29 Bcf. The only build came in salt stocks in the South Central region, which added 8 Bcf.

Stocks in every region are below the five-...


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