EIA - Natural Gas Storage Report - Jan 20

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

EIA - Natural Gas Storage Report - Jan 20

Post by dan_s »

Working gas in storage was 2,810 Bcf as of Friday, January 14, 2022, according to EIA estimates.
This represents a net decrease of 206 Bcf from the previous week.
Stocks were 226 Bcf less than last year at this time and 33 Bcf above the five-year average of 2,777 Bcf.
At 2,810 Bcf, total working gas is within the five-year historical range.

Slightly larger draw than expected and we should see gas in storage go below the 5-year average by the end of January.

Last year the two largest weekly draws were in February. La Nina winters tend to last longer.
Dan Steffens
Energy Prospectus Group
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