EIA: NatGas Storage Withdrawal of 59 Bcf, Just above Calls
12/02 9:41 AM
EIA: NatGas Storage Withdrawal of 59 Bcf, Just above Calls OAKHURST, N.J. (DTN) --- Natural gas withdrawn from storage in the United States totaled 59 Bcf in the week ended Nov. 26 to 3.564 Tcf, according to the latest data from the Energy Information Administration released this morning, just above estimates for a draw of 57 Bcf. Natural gas held in storage is 9.5% lower than the same time a year ago while 2.4% below the five-year average of 3.650 Tcf. East region natural gas supplies fell 22 Bcf to 867 Bcf in the week profiled, 7.2% below a year earlier and 0.9% lower than the five-year average. EIA reports Midwest region natural gas inventories dropped 23 Bcf to 1,043 Bcf, 7.2% below the same week in 2020 and 1.4% less than the five-year average. South Central region gas stocks decreased 12 Bcf to 1,185 Bcf and Mountain region declined 4 Bcf to 206 Bcf. EIA reported Pacific region natural gas stocks at 262 Bcf, an increase of 1 Bcf from the week prior. Agency data show South Central natural gas in storage at a 10.5% deficit versus the same week in 2020 while in the Mountain region supply is 14.2% lower than the same week in 2020 and the Pacific region is 17.3% below this time last year. (c) Copyright 2021 DTN, LLC. All rights reserved.
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