EIA: US NatGas Storage Reports 52 Bcf Weekly Withdrawal

VIENNA (DTN) – Energy Information Administration data released midmorning Thursday (2/26) show a 52 billion cubic feet withdrawal from U.S. natural gas storage to 2.018 trillion cubic feet in the week ended February 20.

Natural gas in U.S. storage is 7.5% higher than last year and 0.3% below the five-year average of 2.025 Tcf.

Regionally, EIA reports the East registered a 24 Bcf withdrawal to 364 Bcf, 1.6% less than a year ago and 13.9% lower than the five-year average.

Natural gas in storage in the Midwest decreased 16 Bcf week-on-week to 441 Bcf, a 1.6% surplus compared to the same week a year ago and 13.5% lower than the five-year average.

Mountain region natural gas in storage decreased 6 Bcf, up 18.2% year-on-year to 50% above the five-year average.

South Central storage rose 6 Bcf to 753 Bcf, 7% more than in the same week last year and 3% below the five-year average.