U.S. EIA reported a 68 Bcf increase in natural gas inventories in their weekly storage report for the week ending May 12th.
EIA Natural Gas Storage Data:
- Total (05/12/17): 2,369 Bcf
- Total (05/05/17): 2,301 Bcf
- Net change: 68 Bcf
- Implied flow: 68 Bcf
- Year ago stocks: 2,744 Bcf
- % change from year ago: -13.7 %
- 5-year avg stocks: 2,113 Bcf
- % change from 5-year avg: 12.1 %