EIA - Natural Gas Storage Report - June 29
Posted: Thu Jun 29, 2023 9:47 am
Working gas in storage was 2,805 Bcf as of Friday, June 23, 2023, according to EIA estimates.
This represents a net increase of 76 Bcf from the previous week.
Stocks were 566 Bcf higher than last year at this time and 358 Bcf above the five-year average of 2,447 Bcf.
At 2,805 Bcf, total working gas is within the five-year historical range.
We should see the weekly builds dip below 50 Bcf in July.
5-year average builds are 55, 45, 40, 35, 30 for the next five weeks.
This represents a net increase of 76 Bcf from the previous week.
Stocks were 566 Bcf higher than last year at this time and 358 Bcf above the five-year average of 2,447 Bcf.
At 2,805 Bcf, total working gas is within the five-year historical range.
We should see the weekly builds dip below 50 Bcf in July.
5-year average builds are 55, 45, 40, 35, 30 for the next five weeks.