EIA: US NatGas Storage Reports 120 Bcf Weekly Withdrawal

HOUSTON, TX (DTN) — Energy Information Administration data released Thursday (1/22) show a 120 billion cubic feet withdrawal into U.S. natural gas storage to 3.065 trillion cubic feet in the week ended January 16.
Natural gas in U.S. storage is 4.8% higher than last year and 6.1% above the five-year average of 2.888 Tcf.
Regionally, EIA reports the East registered a 32 Bcf withdrawal to 632 Bcf, 1.8% more than a year ago and 3.5% lower than the five-year average.
Natural gas in storage in the Midwest decreased 38 Bcf week-on-week to 752 Bcf, a 0.1% deficit compared to the same week a year ago and 4.1% lower than the five-year average.
Mountain region natural gas in storage decreased 9 Bcf, up 4.8% year-on-year to 34.4% above the five-year average.
South Central storage fell 39 Bcf to 1139 Bcf, 8.7% more than in the same week last year and 9.4% above the five-year average.