EIA: NatGas Storage Up 49 Bcf Last Wk, 9.6%% above Yr Ago
10/22 9:40 AM
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. (c) Copyright 2020 DTN, LLC. All rights reserved.
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN