Thursday, August 1, 2013

EIA Weekly Natural Gas Storage Report: Big For This Time of Year

Bloomberg's survey was for 56 Bcf  and rose 28 Bcf in the year-ago week. Platts was at 54-58.
Futures $3.39 down six cents after touching  $3.341, the lowest since Feb. 25.
From the Energy Information Administration:


for week ending July 26, 2013.   |   Released: August 1, 2013 at 10:30 a.m.   |   Next Release: August 8, 2013

Working gas in underground storage, lower 48 states Summary text CSV JSN


Historical Comparisons
Stocks
billion cubic feet (Bcf)

Year ago
(07/26/12)
5-Year average
(2008-2012)
Region 07/26/13 07/19/13 change
(Bcf) % change (Bcf) % change
East 1,350 1,306 44
1,601 -15.7 1,469 -8.1
West 461 455 6
498 -7.4 431 7.0
Producing 1,034 1,025 9
1,114 -7.2 979 5.6
   Salt 267 274 -7
235 13.6 167 59.9
   Nonsalt 768 751 17
880 -12.7 812 -5.4
Total 2,845 2,786 59
3,213 -11.5 2,879 -1.2

Summary

Working gas in storage was 2,845 Bcf as of Friday, July 26, 2013, according to EIA estimates. This represents a net increase of 59 Bcf from the previous week. Stocks were 368 Bcf less than last year at this time and 34 Bcf below the 5-year average of 2,879 Bcf. In the East Region, stocks were 119 Bcf below the 5-year average following net injections of 44 Bcf. Stocks in the Producing Region were 55 Bcf above the 5-year average of 979 Bcf after a net injection of 9 Bcf. Stocks in the West Region were 30 Bcf above the 5-year average after a net addition of 6 Bcf. At 2,845 Bcf, total working gas is within the 5-year historical range.