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Weekly US natural gas storage injection dwarfs five-year average build: EIA Natural gas injected into US underground storage fields the week ended April 9 dwarfed the five-year average once again, but the Henry Hub summer strip gained some ground while the latest forecasts for the end-of-season total neared 3.5 Tcf. Inventories increased 61 Bcf to 1.845 Tcf, US Energy Information Administration data showed April 15. The build was less than the 65 Bcf addition expected by an S&P Global Platts’ survey of analysts, but it far surpassed the five-year average build of 26 Bcf, according to EIA da...

Not registered? Inventories increased 61 Bcf to 1.845 Tcf, US Energy Information Administration data showed April 15. The build was less than the 65 Bcf addition expected by an S&P Global Platts' survey of analysts, but it far surpassed the five-year average build of 26 Bcf, according to EIA data. The week ended April 9 spanned the Easter holiday, which typically produces notable decreases in demand. Total demand fell 6 Bcf/d, with residential and commercial losses accounting for 4.5 Bcf/d of the drop, according to Platts Analytics. While gas continued to take incremental market share from co...

The natural gas storage report from the EIA for the week ending March 5th indicated that the amount of natural gas held in underground storage in the US fell by 52 billion cubic feet to 1,793 billion cubic feet by the end of the week, which left our gas supplies 257 billion cubic feet, or 12.5% below the 2,050 billion cubic feet that were in storage on March 5th of last year, and 141 billion cubic feet, or 7.3% below the five-year average of 1,934 billion cubic feet of natural gas that have been in storage as of the 5th of March in recent years....the 52 billion cubic feet that were drawn out...

The natural gas storage report from the EIA for the week ending February 12th indicated that the amount of natural gas held in underground storage in the US fell by 237 billion cubic feet to 2,281 billion cubic feet by the end of the week, which left our gas supplies 105 billion cubic feet, or 4.4% below the 2,386 billion cubic feet that were in storage on February 12th of last year, but 57 billion cubic feet, or 2.6% above the five-year average of 2,224 billion cubic feet of natural gas that have been in storage as of the 12th of February in recent years....the 237 billion cubic feet that we...

The US oil and gas rig count grew four to 461 in the week ending Feb. 17, rig data provider Enverus said, despite a wave of bitterly cold, icy weather across the country that froze wellheads and caused widespread power outages temporarily shutting in as much as 4 million b/d of crude output. Rigs chasing ...