EIA Storage Recap: +80 Bcf, Week Ending Oct 23

EIA reported an 80 Bcf injection for the week ending Oct 23. Storage stands at 3,724 Bcf, 38 above the 5-year average.

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The short version

  • This week: an 80 Bcf injection, against a 5-year average of a 76 Bcf injection and a 76 Bcf injection the same week last year.
  • Total: 3,724 Bcf, 38 above the 5-year average (1.0%) and 147 below last year (3.8%).
  • Versus the 5-year average: up 1 Bcf from 37 above the week before.

Storage

Week ending Oct 23: 3,724 Bcf after an 80 Bcf injection

Comparison Bcf Difference
5-year average 3,686 38 above (1.0%)
Last year 3,871 147 below (3.8%)

By region vs. 5-year average (Bcf): South Central −28, Mountain +10, Pacific +16, Midwest +20, East +21.

Where the season is heading

If storage follows the 5-year average path from here, it would end March at about 1,872 Bcf, compared with a 5-year average end-of-March level of 1,832 Bcf. This is arithmetic on the 5-year average, not a forecast.

Next report: Thu Nov 5, covering the week ending Oct 30. The 5-year average for that week is a 61 Bcf injection.


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).