EiA - Weekly Natural Gas Storage Report - July 11
Posted: Thu Jul 11, 2019 6:51 pm
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.
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.