trending Market Intelligence /marketintelligence/en/news-insights/trending/PCyAXFTvX1tVMNDYLSc2vA2 content esgSubNav
In This List

Weekly US gas build surpasses analyst estimates at 84 Bcf

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Using ESG Analysis to Support a Sustainable Future

Research

US utility commissioners: Who they are and how they impact regulation

Blog

Q&A: Datacenters: Energy Hogs or Sustainability Helpers?


Weekly US gas build surpasses analyst estimates at 84 Bcf

Lower 48 natural gas storage operators put a net 84 Bcf into their facilities in the week ending Sept. 13, above the five-year-average injection of 82 Bcf, the U.S. Energy Information Administration reported.

The injection, which topped the 76-Bcf build forecast by an S&P Global Platts analyst survey, brought total working gas supply in the Lower 48 to 3,103 Bcf, or 393 Bcf above the year-ago level and 75 Bcf below the five-year average.

By region:

* In the East, inventories grew 24 Bcf on the week at 763 Bcf, 8% above a year ago.

* In the Midwest, storage levels grew 34 Bcf at 898 Bcf, 17% above a year ago.

* In the Mountain region, storage levels climbed 5 Bcf at 188 Bcf, 11% above the year before.

* In the Pacific region, stockpiles were up 4 Bcf at 279 Bcf, 10% more than a year ago.

* In the South Central region, storage levels grew 16 Bcf at 974 Bcf, 19% more than a year ago.

Of that total, 200 Bcf of gas was in salt cavern facilities and 774 Bcf was in non-salt-cavern facilities. Working gas stocks were up 1% in salt cavern facilities from the week before and gained 2.0% in non-salt-cavern facilities.

S&P Global Platts and S&P Global Market Intelligence are owned by S&P Global Inc.