trending Market Intelligence /marketintelligence/en/news-insights/trending/ys74Txtt7oCFRAg_p-TOWw2 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

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Weekly US gas storage draw falls below 5-year average

European Energy Insights July 2020

As COVID-19 Wears On, Regulators Examine Moratorium Extensions, Cost Recovery

Essential Energy Insights - June 11, 2020

Webinar Replay

Deep Dive on Oil & Gas for Financial Institutions


Weekly US gas storage draw falls below 5-year average

Storage operators pulled a net 58 Bcf from natural gas inventories in the Lower 48 during the week to Dec. 27, 2019, compared to a five-year-average draw of 89 Bcf, the U.S. Energy Information Administration reported.

The pull brought total working gas supply to 3,192 Bcf, or 484 Bcf above the year-ago level and 38 Bcf below the five-year average.

By region:

* In the East, stockpiles slid 25 Bcf on the week at 771 Bcf, 16% more than a year earlier.

* In the Midwest, storage levels were down 18 Bcf at 905 Bcf, 13% higher than a year ago.

* In the Mountain region, stockpiles slid 4 Bcf at 173 Bcf, 18% higher than a year earlier.

* In the Pacific region, storage levels declined 9 Bcf at 251 Bcf, 14% more than the year before.

* In the South Central region, stockpiles declined 1 Bcf at 1,093 Bcf, 25% more than a year earlier. Of that total, 313 Bcf of gas was in salt cavern facilities and 780 Bcf was in non-salt-cavern facilities. Working gas stocks rose 1% in salt cavern facilities from the week before and were down 0.8% in non-salt-cavern facilities.