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Posted January 12, 2018Today in Energy

During recent cold snap, the U.S. withdrew a record amount of natural gas from storage ›

During the recent cold weather event that affected much of the eastern United States, more natural gas was withdrawn from storage fields around the country than at any other point in history. Net withdrawals from natural gas storage totaled 359 billion cubic feet (Bcf) for the week ending January 5, 2018, exceeding the previous record of 288 Bcf set four years ago. More

graph of weekly natural gas in underground storage, as explained in the article text

Source: EIA, Weekly Natural Gas Storage Report

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Data Highlights

WTI crude oil futures price

1/11/2018: $63.80/barrel

up$1.79 from week earlier
up$11.55 from year earlier

Natural gas futures price

1/11/2018: $3.084/MMBtu

up$0.204 from week earlier
down$0.140 from year earlier

Weekly coal production

1/6/2018: 12.065 million tons

up1.583 million tons from week earlier
down1.488 million tons from year earlier

Natural gas inventories

1/5/2018: 2,767 Bcf

down359 Bcf from week earlier
down415 Bcf from year earlier

Crude oil inventories

1/5/2018: 419.5 million barrels

down4.9 million barrels from week earlier
down63.6 million barrels from year earlier

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