Storage Preview: Week Ending Oct 23
What to know before Thursday's EIA report: the 5-year average for the week ending Oct 23 is a 76 Bcf injection; last year it was a 76 Bcf injection.
EIA's next storage report comes out Thu Oct 29 at 10:30 a.m. ET and covers the week ending Oct 23. Here's what happened that week.
The comparisons
- 5-year average change for this week: a 76 Bcf injection.
- Same week last year: a 76 Bcf injection.
- Last week's report: a 77 Bcf injection (week ending Oct 16).
Demand during the storage week (Oct 17–23)
| This week | Week before | Same week last year | Normal | |
|---|---|---|---|---|
| Heating degree days (gas-weighted) | 69 | 33 | 69 | 65 |
| Cooling degree days | 7 | 27 | 9 | 12 |
| Gas-fired power (TWh) | 27.9 | 31.1 | 28.8 | — |
Heating demand was higher than the week before, and power burn was lower.
Storage
Week ending Oct 16: 3,644 Bcf after a 77 Bcf injection
| Comparison | Bcf | Difference |
|---|---|---|
| 5-year average | 3,609 | 35 above (1.0%) |
| Last year | 3,796 | 152 below (4.0%) |
By region vs. 5-year average (Bcf): South Central −40, Mountain +11, Pacific +18, Midwest +21, East +24.
Disclaimer: Natural Gas Brief is published by Googans Island LLC for information and education only. It is opinion and general market commentary, not investment, trading or financial advice, and not a recommendation to buy or sell any security, commodity or futures contract. Nothing here is a trade signal or tailored to any reader's situation. Trading natural gas futures and related products involves substantial risk of loss. Data comes from public sources believed to be reliable but isn't guaranteed. The publisher may hold positions in natural gas–related instruments. Full disclaimer
This brief is generated automatically from public data, and its numbers are checked against the source data before publication.
Sources: EIA Weekly Natural Gas Storage Report; NOAA Climate Prediction Center degree days, 7-day forecasts and 6–10/8–14 day outlooks; EIA Hourly Electric Grid Monitor; CFTC Commitments of Traders. Normals are 10-year averages (2016–2025).