The Scoop” –
Natural gas stocks end refill season at record high level
Working natural gas in storage in the Lower 48 states as of October 31, the traditional end of the refill season, reached a record level of 3,986 billion cubic feet (Bcf), as interpolated from EIA’s Weekly Natural Gas Storage Report data released today. This is 183 Bcf (5%) higher than the five-year (2011–15) end-of-October average, and exceeds the previous end-of-October high of 3,929 set last in 2012. Net injections during this year’s refill season, which started on April 1, 2016, were 678 Bcf (31%) lower than the five-year average and 955 Bcf (39%) lower than injections last year.