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Posted February 26, 2021 Today in Energy

Cold weather results in near-record withdrawals from underground natural gas storage ›

Significant demand for natural gas in mid-February led to the second-largest reported withdrawal of natural gas from storage in the United States, according to the U.S. Energy Information Administration’s (EIA) Weekly Natural Gas Storage Report (WNGSR). Weekly stocks fell by 338 billion cubic feet (Bcf) in the week ending February 19, 2021, nearly three times the average withdrawal for mid-February. A record amount of natural gas, 156 Bcf, was withdrawn during that week in the South Central region, which includes Texas. More

range of weekly natural gas storage net changes

Source: EIA, Weekly Natural Gas Storage Report

Data Highlights

WTI crude oil futures price

2/25/2021: $63.53/barrel

up$3.01 from week earlier
up$14.80 from year earlier

Natural gas futures price

2/25/2021: $2.777/MMBtu

down$0.305 from week earlier
up$0.956 from year earlier

Weekly coal production

2/20/2021: 8.821 million tons

down1.047 million tons from week earlier
down2.637 million tons from year earlier

Natural gas inventories

2/19/2021: 1,943 Bcf

down338 Bcf from week earlier
down298 Bcf from year earlier

Crude oil inventories

2/19/2021: 463.0 million barrels

up1.3 million barrels from week earlier
up19.7 million barrels from year earlier