EIA reported an increase in storage of 51 Bcf for the week ending October 13. Estimates were 44-69 Bcf, with median at 53 Bcf. Weather models show cooler temperatures for the end of October and into the first week of November. Higher power burn contributed to a reduction in the rate of inventory rebuilding.

EIA Natural Gas Storage Data:

  • Total (10/13/17): 3,646 Bcf
  • Total (10/06/17): 3,595 Bcf
  • Net change: 51 Bcf
  • Implied flow: 51 Bcf
  • Year ago stocks: 3,825 Bcf
  • % change from year ago: -4.7 %
  • 5-year avg stocks: 3,681 Bcf
  • % change from 5-year avg: -1.0 %