Commodities Buzz: US Natural Gas Working Stocks Down 5.7% Compared To Last Year Says EIA

30 Sep 2022 , 11:55 AM

Working gas storage in the contiguous United States was 2,977 billion cubic feet in the week ending September 23, a net increase of 103 billion cubic feet from the previous week, the US Energy Information Administration (EIA) said Thursday. The total working gas storage decreased by 5.7 percent from this time last year, and was down 9.3 percent from the five-year average, according to the EIAs Weekly Natural Gas Storage Report. The storage of working gas in the United States usually turns to decrease in November and continues to drop in April when heating season ends in the country, according to previous data.Powered by Commodity Insights