EIA - Natural Gas Storage Report - April 1

[dan_s]

Working gas in storage was 1,764 Bcf as of Friday, March 26, 2021, according to EIA estimates. This represents a net increase of 14 Bcf from the previous week. Stocks were 225 Bcf less than last year at this time and 36 Bcf below the five-year average of 1,800 Bcf.
At 1,764 Bcf, total working gas is within the five-year historical range.

We should see a small draw for the week ending April 2.

April + May is when the storage level increases the most. With LNG exports much higher than a year ago we should see the deficit to the 5-year average grow.