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Posted April 16, 2021 Today in Energy

Last winter saw larger-than-average U.S. natural gas withdrawals from storage ›

Significantly colder-than-normal temperatures in the Lower 48 states in late January through mid-February resulted in increased heating demand for natural gas in the United States, despite an otherwise warmer-than-normal winter. As a result, the winter had larger-than-average winter natural gas withdrawals. Before the cold snap, winter temperatures had been relatively mild, but a combination of increased heating demand, record liquefied natural gas (LNG) and pipeline exports, and decreased natural gas production contributed to the withdrawal activity during February. More

lower 48 weekly working natural gas in storage

Source: EIA, Weekly Natural Gas Storage Report

Data Highlights

WTI crude oil futures price

4/15/2021: $63.46/barrel

up$3.86 from week earlier
up$43.59 from year earlier

Natural gas futures price

4/15/2021: $2.658/MMBtu

up$0.136 from week earlier
up$1.060 from year earlier

Weekly coal production

4/10/2021: 11.185 million tons

up0.458 million tons from week earlier
up1.683 million tons from year earlier

Natural gas inventories

4/9/2021: 1,845 Bcf

up61 Bcf from week earlier
down242 Bcf from year earlier

Crude oil inventories

4/9/2021: 492.4 million barrels

down5.9 million barrels from week earlier
down11.2 million barrels from year earlier