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The U.S. placed near-record volumes of natural gas in storage this injection season

From eia.gov

The amount of natural gas held in storage in 2019 went from a relatively low value of 1,155 billion cubic feet (Bcf) at the beginning of April to 3,724 Bcf at the end of October because of near-record injection activity during the natural gas injection, or refill, season (April 1–October 31). Inventories as of October 31 were 37 Bcf higher than the previous five-year end-of-October average, according to interpolated values in the U.S. Energy Information Administration’s (EIA) Weekly Natural Gas Storage Report. Although the end of the natural gas storage injection season is traditionally defined as October 31, ... (full story)

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  • Category: Fundamental Analysis