historically has been a time of rising natural gas storage, in preparation for large drawdowns during the winter heating season. That's because more heating is done by natural gas than by heat pumps that rely solely on electricity. But as natural gas has begun replacing coal on the electric...
HOUSTON, April 14 (Xinhua) -- Working gas storage in the contiguous United States was 1,397 billion cubic feet in the week ending April 8, a net increase of 15 billion cubic feet from the previous week, the U.S. Energy Information Administration (EIA) said Thursday in a report. The ...
HOUSTON, May 5 (Xinhua) -- Working gas storage in the contiguous United States was 1,567 billion cubic feet in the week ending April 29, a net increase of 77 billion cubic feet from the previous week, the U.S. Energy Information Administration (EIA) said in a report on Thursday. The ...
Lower 48 working natural gas in storage finished the traditional injection season -- April 1–Oct. 31 -- at 3,920 Bcf, near the record-high of 4,047 Bcf reached in 2016, the U.S. Energy Information Administration (EIA) said Monday. Storage has run high this fall in part becaus...
Natural gas storage can be done in different ways, but underground reservoirs are the most important method. The storage deals with pipelines, local distribution companies, producers, and pipeline shippers (US Department of Energy, US Energy Information Agency, March 1995). View chapterExplore book ...
while the 316 Bcf deficit to the five-year average of 1.850 Tcffell to 303 Bcf.Working gas in underground storage in the East region rose by20 Bcf to 299 Bcf, compared with levels reported in the EIA'sprevious weekly report, while stocks in the Midwest rose 19 Bcf to309 Bcf over the...
United States EIA Natural Gas Storage Change came in at 35B, above forecasts (33B) in August 23 Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes...
storage capacity in the continental U.S. isn’t known, the EIA estimates a maximum of 4.3 Trillion cubic feet of natural gas can be stored at any point in time. Each week, the EIA reports the amount of natural gas injected into or withdrawn out of storage and breaks the report down ...
according to data from Aggregated Gas Storage Inventory (AGSI+). EIA estimates that volume represents 65 days of natural gas consumption at peak five-year (2019–23) winter usage rates and 84 days of natural gas consumption at rates reached last winter. The on-site storage capacity at regasifi...
the March gas futures settlement was 19 cents lower than the February 27 settlement. The Henry Hub cash price, averaging $2.56/MMBtu, has fallen to levels not seen since February last year. While growing LNG exports at the end of the year may lend some support back to Henry Hub prices,...