EIA: NatGas Storage Up 49 Bcf Last Wk, 9.6% above Yr Ago


   
    

   OAKHURST, N.J. (DTN) -- The Energy Information Administration today reported 
natural gas held in U.S. storage increased 49 Bcf in the week ended Oct. 16 to 
3.926 Tcf with stocks continuing higher across all major regions.

   Natural gas held in storage is 9.6% higher than the same time in 2019 while 
at a 9.1% surplus to the five-year average of 3.599 Tcf.

   Midwest region natural gas supplies again increased the most, up 24 Bcf in 
the week-ended Oct. 16 to 1.105 Tcf, 4% above a year ago and 6.4% higher than 
the five-year average.

   EIA reports East region natural gas inventories up 15 Bcf last week to 923 
Bcf, a 3.4% year-over-year surplus while 3.8% above the five-year average of 
889 Bcf.

   South Central region gas stocks added 3 Bcf at 1.329 Tcf, while Mountain 
region supply added 4 Bcf to 245 Bcf and the Pacific region gained 3 Bcf to 323 
Bcf.

   Data show South Central natural gas in storage at an 18.4% surplus versus a 
year-ago and 16.2% more than the five-year average while in the Mountain region 
supply is at an 18.4% year-over-year surplus and the Pacific region holds an 
8.8% surplus.

    




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