MARKET INSIGHT US Storage Surplus Shrinks, EU Changes Data Calculations

摘要

With US gas-burns for power generation ramped up to record levels — recently topping 40 billion cubic feet per day—the once mountainous storage overhang has been cut to less than half its almost 1 trillion cubic foot size in April, with working gas in storage totaling 3.339 Tcf (94 billion cubic meters) for the week ended Aug. 12.