Alden Energy Consulting LLC

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Weekly Natural Gas Storage Report 1/23

The U.S. Energy Information Administration (EIA) has implemented publication of the new Weekly Natural Gas Storage Report (WNGSR) web products. Details about changes to the Weekly Natural Gas Storage Report (WNGSR) can be found at: http://ir.eia.gov/ngs/notice.html.

 

Summary

Working gas in storage was 2,423 Bcf as of Friday, January 17, 2014, according to EIA estimates. This represents a net decline of 107 Bcf from the previous week. Stocks were 598 Bcf less than last year at this time and 369 Bcf below the 5-year average of 2,792 Bcf. In the East Region, stocks were 253 Bcf below the 5-year average following net withdrawals of 67 Bcf. Stocks in the Producing Region were 75 Bcf below the 5-year average of 962 Bcf after a net withdrawal of 25 Bcf. Stocks in the West Region were 41 Bcf below the 5-year average after a net drawdown of 15 Bcf. At 2,423 Bcf, total working gas is below the 5-year historical range.

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