Reported Injections of 75 Bcf Are On The High Side Of The Range Of Market Expectations

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EIA reported net injections into storage totaled 75 Bcf for a total working gas in storage of 2,444 Bcf as of May 19, 2017. Estimates of net injections to working natural gas storage ranged from 65 Bcf to 72 Bcf.

EIA Natural Gas Storage Data:

  • Total (05/19/17): 2,444 Bcf
  • Total (05/12/17): 2,369 Bcf
  • Net change: 75 Bcf
  • Implied flow: 75 Bcf
  • Year ago stocks: 2,815 Bcf
  • % change from year ago: -13.2 %
  • 5-year avg stocks: 2,203 Bcf
  • % change from 5-year avg: 10.9 %