EIA Storage Update: +77 Bcf vs +81 Bcf Est
Signal: Slight Bullish
As we navigate the fall shoulder season with limited weather-driven demand, the EIA reported an injection of 77 Bcf for the week. This was 4 Bcf smaller than the consensus estimate of +81 Bcf. With total inventories now at 3801 Bcf, storage sits modestly above the 5-year average, providing a comfortable buffer and represents a significant deficit compared to last year.
Near-normal weather expectations are keeping weather-related volatility subdued.
Why This Matters:
This slight bullish surprise puts upward pressure on gas prices and, by extension, ERCOT power pricing.
Summary
Working gas in storage was 3,801 Bcf as of Friday, October 30, 2026, according to EIA estimates. This represents a net increase of 77 Bcf from the previous week. Stocks were 109 Bcf less than last year at this time and 54 Bcf above the five-year average of 3,747 Bcf. At 3,801 Bcf, total working gas is within the five-year historical range.
Follow Us
Read Our Latest News
