EIA: US NatGas Storage Reports 242 Bcf Weekly Withdrawal
1/29 9:37 AM
EIA: US NatGas Storage Reports 242 Bcf Weekly Withdrawal
Karim Bastati
DTN Analyst
VIENNA (DTN) -- U.S. Energy Information Administration data released
midmorning Thursday (1/29) show a 242 billion cubic feet withdrawal from U.S.
natural gas storage to 2.823 trillion cubic feet in the week ended January 23.
Natural gas in U.S. storage is 7.9% higher than last year and 5.3% above the
five-year average of 2.68 Tcf.
Regionally, EIA reports the East registered a 55 Bcf withdrawal to 577 Bcf,
2.9% more than a year ago and 4.3% lower than the five-year average.
Natural gas in storage in the Midwest decreased 76 Bcf week-on-week to 676 Bcf,
a 0.4% surplus compared to the same week a year ago and 6.4% lower than the
five-year average.
Mountain region natural gas in storage decreased 14 Bcf, up 6.5% year-on-year
to 34.1% above the five-year average.
South Central storage fell 89 Bcf to 1.05 Tcf, 14.1% more than in the same week
last year and 8.6% above the five-year average.
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