Commodities Buzz: US Natural Gas Working Stocks Up 64 BCF Says EIA

18 Nov 2022 , 11:50 AM

The EIA, in its Weekly Natural Gas Storage Report indicated that working gas in storage increased by 64 Bcf from the previous week for the week ended 11 November 2022. The inventories now stand at 3,644 Bcf compared to the year-earlier level of 3,640 Bcf and the five-year average of 3,651 Bcf. The South Central build of 35 Bcf led all regions and included a 19 Bcf injection into nonsalt facilities and an increase of 16 Bcf into salts. The East and Midwest regions followed with builds of 17 Bcf and 16 Bcf, respectively, according to EIA. Mountain region stocks were flat, while Pacific inventories fell by 6 Bcf amid the seasonally frosty temperatures that spanned the West and Rockies last week.Powered by Commodity Insights