Cold weather and a late-winter storm resulted in an accelerated pace of inventory erosion in the week ended March 17.
EIA Natural Gas Storage Data:
- Total (03/17/17): 2,092 Bcf
- Total (03/10/17): 2,242 Bcf
- Net change: -150 Bcf
- Implied flow: -150 Bcf
- Year ago stocks: 2,491 Bcf
- % change from year ago: -16.0 %
- 5-year avg stocks: 1,826 Bcf
- % change from 5-year avg: 14.6 %