EIA Storage Injection Higher Than Forecasted

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The May 4 storage data from the EIA reported a net 67 Bcf injection to stocks for the week ended April 28.

EIA Natural Gas Storage Data:

  • Total (04/28/17): 2,256 Bcf
  • Total (04/21/17): 2,189 Bcf
  • Net change: 67 Bcf
  • Implied flow: 67 Bcf
  • Year ago stocks: 2,615 Bcf
  • % change from year ago: -13.7 %
  • 5-year avg stocks: 1,953 Bcf
  • % change from 5-year avg: 15.5 %