EIA announced an injection of 87-Bcf, near consensus at 85 Bcf

Government data showed inventories rose by 87 billion cubic feet for the week ending October 6th, to 3.595 trillion, matching the average change for the time of year. Estimates had ranged from 44 to 91 Bcf. Gas inventories continue to trail historical averages. Natural gas price rebounded from last week’s decline after forecasters see cooler temperatures towards the

About The Weekly U.S. EIA Natural Gas Storage Report

The Energy Information Administration (EIA) Natural Gas Storage Report has been published every Thursday since 2002. It provides an overview of the level of natural gas inventories held in underground storage facilities throughout the United States. This weekly storage report can be an indicator of natural gas price strength or weakness. While this is a

Net Increase Of 72 Bcf From The Previous Week

Working gas in storage was 2,888 Bcf as of Friday, June 30, 2017, according to EIA estimates. This represents a net increase of 72 Bcf from the previous week. Analyst forecasts were calling for an injection of 60-70 bcf. Weather models are showing temperatures are likely to be mostly normal for the next two weeks.

Analysts estimated a 52 Bcf increase in inventories

Working gas in storage was 2,816 Bcf as of Friday, June 23, 2017, according to EIA estimates. This represents a net increase of 46 Bcf from the previous week. EIA Natural Gas Storage Data: Total (06/23/17): 2,816 Bcf Total (06/16/17): 2,770 Bcf Net change: 46 Bcf Implied flow: 46 Bcf Year ago stocks: 3,135 Bcf

Estimates Were 55-57 Bcf

EIA reported working gas in storage was 2,770 Bcf as of Friday, June 16, 2017. This represents a net increase of 61 Bcf from the previous week. Stocks were 324 Bcf less than last year at this time. EIA Natural Gas Storage Data: Total (06/16/17): 2,770 Bcf Total (06/09/17): 2,709 Bcf Net change: 61 Bcf

Net Increase Of 106 Bcf From The Previous Week

Working gas in storage was 2,631 Bcf as of Friday, June 2, 2017, according to EIA estimates. EIA Natural Gas Storage Data: Total (06/02/17): 2,631 Bcf Total (05/26/17): 2,525 Bcf Net change: 106 Bcf Implied flow: 106 Bcf Year ago stocks: 2,963 Bcf % change from year ago: -11.2 % 5-year avg stocks: 2,394 Bcf

Injection Greater Than Most Estimates

For the week ending May 26th, EIA announced an 81 Bcf net change, against expectations in the low 70’s. Four Bcf of gas in the Mountain region was reclassified from working gas to base gas, which resulted in an implied flow of 85 Bcf. EIA Natural Gas Storage Data: Total (05/26/17): 2,525 Bcf (Reclassification) Total (05/19/17):