trending Market Intelligence /marketintelligence/en/news-insights/trending/uJQwKISJ-5o9xrYwhNFCBQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Weekly US gas pull misses analyst estimates at 44 Bcf

Essential Energy Insights - May 14, 2020

Credit Risk: Identifying Early Warning Signals In The Oil And Gas Industry

Stress Testing Energy Companies in the Current Environment

Infographic Solar Power by the Numbers The US Canada and Mexico


Weekly US gas pull misses analyst estimates at 44 Bcf

Storage operators withdrew a net 44 Bcf from natural gas inventories in the Lower 48 during the week ended Jan. 3, compared to a five-year average draw of 156 Bcf, the U.S. Energy Information Administration reported.

The pull, below the 50 Bcf withdrawal forecast by an S&P Global Platts analyst survey, brought total working gas supply in the Lower 48 to 3,148 Bcf, or 521 Bcf above the year-ago level and 74 Bcf above the five-year average.

By region:

* In the East, stockpiles were down 15 Bcf on the week at 756 Bcf, 16% above the year-ago level.

* In the Midwest, stockpiles were down 20 Bcf at 885 Bcf, 15% higher than a year earlier.

* In the Mountain region, stockpiles fell 7 Bcf at 166 Bcf, 24% higher than the year-ago level.

* In the Pacific region, inventories were down 7 Bcf at 244 Bcf, 18% more than the year-ago level.

* In the South Central region, stockpiles rose 4 Bcf at 1,097 Bcf, 27% more than a year ago. Of that total, 323 Bcf of gas was in salt cavern facilities and 774 Bcf was in non-salt-cavern facilities. Working gas stocks rose 3% in salt cavern facilities from the week before and were down 0.8% in non-salt-cavern facilities.

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