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EIA Natural Gas Report – Energy News Beat

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally

Summary

Working gas in storage was 3,196 Bcf as of Friday, January 8, 2021, according to EIA estimates. This represents a net decrease of 134 Bcf from the previous week. Stocks were 126 Bcf higher than last year at this time and 218 Bcf above the five-year average of 2,978 Bcf. At 3,196 Bcf, total working gas is within the five-year historical range.

EIA Natural Gas Storage Data
Total (01/08/21): 3,196 Bcf 
Total (01/01/21): 3,330 Bcf 
Net change: -134 Bcf 
Implied flow: -134 Bcf 
Year ago stocks: 3,070 Bcf
% change from year ago: 4.1 % 
5-year avg stocks: 2,978 Bcf
% change from 5-year avg: 7.3 % 

 

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