EIA reports 92 Bcf Injection into US Natural Gas Storage
4/25 9:42 AM
EIA reports 92 Bcf Injection into US Natural Gas Storage OAKHURST, N.J. (DTN) --- Energy Information Administration data released midmorning show a 92 billion cubic feet injection into U.S. natural gas storage to 2.425 trillion cubic feet in the week ended April 19. The increase beat an estimate from The Desk for an 86.3 Bcf injection rate. Natural gas in U.S. storage is 22.1% higher than last year and 37% above the five-year average of 1.77 Tcf. Regionally, EIA reports the East registered a 29 Bcf injection to 408 Bcf, 6.8% more than a year ago and 27.9% higher than the five-year average. Natural gas in storage in the Midwest increased 23 Bcf week-on-week to 551 Bcf, a 19% surplus compared to the same week a year ago and 40.9% higher than the five-year average. Mountain region natural gas in storage increased 6 Bcf to 173 Bcf, up 96.6% year-on-year to 86% above the five-year average. South Central storage rose 28 Bcf to 1.057 Tcf, 9.5% more than in the same week last year and 31.6% above the five-year average. (c) Copyright 2024 DTN, LLC. All rights reserved.