EiA - Weekly Natural Gas Storage Report - July 11

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

EiA - Weekly Natural Gas Storage Report - July 11

Post by dan_s »

Working gas in storage was 2,471 Bcf as of Friday, July 5, 2019, according to EIA estimates. This represents a net increase of 81 Bcf from the previous week. Stocks were 275 Bcf higher than last year at this time and 142 Bcf below the five-year average of 2,613 Bcf.
At 2,471 Bcf, total working gas is within the five-year historical range.

Weekly build only 7 Bcf above the 5 year average. There is still plenty of room in storage, but we need to see smaller builds in July and August.
Dan Steffens
Energy Prospectus Group
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