DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,350 Bcf as of Friday, August 19, 2016, according to EIA estimates. This represents a net increase of 11 Bcf from the previous week. Stocks were 275 Bcf higher than last year at this time and 350 Bcf above the five-year average of 3,000 Bcf. At 3,350 Bcf, total working gas is above the five-year historical range.
Estimated Injection 18 Bcf.
Vs
Actual Injection 11 Bcf.
The US Energy Information Administration on Thursday will estimate a natural gas storage injection of about 18 Bcf for the reporting week ended August 19, according to a consensus of analysts surveyed by S&P Global Platts. The EIA plans to announce its storage report at 10:30 am EDT Thursday. The expected injection would be less than the 66-Bcf build reported at this time in 2015 and the 63-Bcf five-year average increase, according to EIA data. Analysts’ estimates in the survey ranged from 10 Bcf to 24 Bcf.