The natural gas storage report from the EIA for the week ending April 23rd indicated that the amount of natural gas held in underground storage in the US rose by 15 billion cubic feet to 1,898 billion cubic feet by the end of the week, which left our gas supplies 302 billion cubic feet, or 13.7% below the 2,200 billion cubic feet that were in storage on April 23rd of last year, and 40 billion cubic feet, or 2.1% below the five-year average of 1,938 billion cubic feet of natural gas that have been in storage as of the 23rd of April in recent years..the 15 billion cubic feet that were added to US natural gas storage this week was more than the average forecast of a 9 billion cubic foot addition from an S&P Global Platts survey of analysts, but measured well below the average addition of 67 billion cubic feet of natural gas that have typically been injected into natural gas storage during the same week over the past 5 years, as well as well below the 66 billion cubic feet added to natur
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Los Angeles City Councilman Joe Buscaino is urging the owners of a San Pedro site that handles millions of gallons of liquid butane to sell it for another use, saying it “would bring a huge sense of relief to an entire community.”
Neighbors have long been alarmed by the Rancho LPG site on Gaffey Street, which includes two 12.5-million-gallon refrigerated tanks and five 60,000-gallon horizontal storage tanks.
The facility, which sits close to homes, schools and stores, handles the largest amount of butane of any facility in California, according to a database maintained by the Right to Know Network. Propane is also stored on the Gaffey Street site.
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