DOE EIA Weekly Gas Storage Report
Working gas in storage was 1,415 Bcf as of Friday, March 25, 2022, according to EIA estimates.
This represents a net increase of 26 Bcf from the previous week. Stocks were 347 Bcf less than last year at this time and 244 Bcf below the five-year average of 1,659 Bcf. At 1,415 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 1,389 Bcf as of Friday, March 18, 2022, according to EIA estimates.
This represents a net decrease of 51 Bcf from the previous week. Stocks were 366 Bcf less than last year at this time and 293 Bcf below the five-year average of 1,682 Bcf. At 1,389 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 1,440 Bcf as of Friday, March 11, 2022, according to EIA estimates.
This represents a net decrease of 79 Bcf from the previous week. Stocks were 344 Bcf less than last year at this time and 304 Bcf below the five-year average of 1,744 Bcf. At 1,440 Bcf, total working gas is within the five-year historical range.
BP Market Update
It is estimated that the wholesale price of natural gas at “benchmark” Henry Hub will average $3.92 per million British thermal units (MMBtu) in 2022, an eight-year high, and will average $3.60/MMBtu throughout 2023. These spiking prices will put more pressure on drilling and production of Natural Gas.
Events in Ukraine have caused oil prices to skyrocket, The Russian Invasion caused an almost instantaneous global supply shock. Russia is one of the biggest oil producers in the world. As its attacks in Ukraine intensified, traders, shippers and financiers shunned Russian oil, removing much of it from the daily global supply. Roughly 8% of U.S. imports of crude oil and refined products came from Russia last year. For Americans already navigating inflation, the current crisis is likely going to push prices up before they come down.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 1,519 Bcf as of Friday, March 4, 2022, according to EIA estimates.
This represents a net decrease of 124 Bcf from the previous week. Stocks were 281 Bcf less than last year at this time and 290 Bcf below the five-year average of 1,809 Bcf. At 1,519 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 1,643 Bcf as of Friday, February 25, 2022, according to EIA estimates.
This represents a net decrease of 139 Bcf from the previous week. Stocks were 216 Bcf less than last year at this time and 255 Bcf below the five-year average of 1,898 Bcf. At 1,643 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 1,782 Bcf as of Friday, February 18, 2022, according to EIA estimates.
This represents a net decrease of 129 Bcf from the previous week. Stocks were 209 Bcf less than last year at this time and 214 Bcf below the five-year average of 1,996 Bcf. At 1,782 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 1,911 Bcf as of Friday, February 11, 2022, according to EIA estimates.
This represents a net decrease of 190 Bcf from the previous week. Stocks were 404 Bcf less than last year at this time and 251 Bcf below the five-year average of 2,162 Bcf. At 1,911 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,101 Bcf as of Friday, February 4, 2022, according to EIA estimates.
This represents a net decrease of 222 Bcf from the previous week. Stocks were 441 Bcf less than last year at this time and 215 Bcf below the five-year average of 2,316 Bcf. At 2,101 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,323 Bcf as of Friday, January 28, 2022, according to EIA estimates.
This represents a net decrease of 268 Bcf from the previous week. Stocks were 393 Bcf less than last year at this time and 143 Bcf below the five-year average of 2,466 Bcf. At 2,323 Bcf, total working gas is within the five-year historical range.