Natgas stocks 15 percent above 5-year average, EIA reports

摘要

Working gas in storage decreased to 2,088 Bcf as of February 9, according to the EIA Weekly Natural Gas Storage Report. Stocks were 14.7 percent above the five-year average of 1,820 Bcf and 8.5 percent below last year's level of 2,281 Bcf. The implied net withdrawal during the week was 259 Bcf, which was the second largest weekly net withdrawal (for the period since 1994, when the weekly series begins), below only the 260 Bcf withdrawn during the week ending January 17, 1997. The implied net withdrawal was 74 percent more than the five-year average withdrawal for this week of 149 Bcf, and almost three times as much as last year's withdrawal of 92 Bcf.