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Posted September 12, 2014Today in Energy

Natural gas storage deficit to five-year average continues to narrow ›

Storage injections have continued to outpace the five-year (2009-13) average this summer, with inventories as of September 5 at 2,801 billion cubic feet, according to data from the Weekly Natural Gas Storage Report. The winter of 2013-14 led to a large drawdown in inventories, with stocks ending March 2014 almost 1 trillion cubic feet lower than the five-year average and at their lowest end-March level since 2003. Relatively higher weekly net injections into storage reduced that deficit to 463 Bcf as of September 5. More

Source: EIA, Weekly Natural Gas Storage Report and Short-Term Energy Outlook


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Data Highlights

WTI crude oil futures price

9/11/2014: $92.83/bbl

down$1.62 from week earlier
down$14.73 from year earlier

Natural gas futures price

9/11/2014: $3.823/mmBtu

up$0.004 from week earlier
up$0.256 from year earlier

Weekly coal production

9/6/2014: 19.153 million tons

down0.064 million tons from week earlier
down0.536 million tons from year earlier

Natural gas inventories

9/5/2014: 2,801 Bcf

up92 Bcf from week earlier
down443 Bcf from year earlier

Crude oil inventories

9/5/2014: 358.6 mmbbl

down1.0 mmbbl from week earlier
down1.4 mmbbl from year earlier


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