EIA Weekly Natural Gas Storage Report & Insight 4/16/2026

Storage Reports

Apr 16

EIA Storage Update: +59 Bcf vs +56 Bcf Est

During the spring injection season, the market focus shifts to rebuilding inventories, the EIA reported an injection of 59 Bcf for the week. This was 3 Bcf larger than the consensus estimate of +56 Bcf. With total inventories now at 1970 Bcf, storage sits modestly above the 5-year average, providing a comfortable buffer and represents a comfortable surplus compared to last year. Near-normal weather expectations are keeping weather-related volatility subdued. Futures ticked up slightly on the news.

Why This Matters:

This slight bearish surprise puts downward pressure on gas prices and, by extension, ERCOT power pricing.

Summary

Working gas in storage was 1,970 Bcf as of Friday, April 10, 2026, according to EIA estimates. This represents a net increase of 59 Bcf from the previous week. Stocks were 126 Bcf higher than last year at this time and 108 Bcf above the five-year average of 1,862 Bcf. At 1,970 Bcf, total working gas is within the five-year historical range.

https://ir.eia.gov/ngs/ngs.html