HYIP-Man: Natural gas inventories surpass five-year average for the first time in two years
Friday, October 18, 2019
Natural gas inventories surpass five-year average for the first time in two years
Natural gas inventories surpass five-year average for the first time in two years
Working natural gas inventories in the Lower 48 states totaled 3,519 billion cubic feet (Bcf) for the week ending October 11, 2019, according to the U.S. Energy Information Administration's (EIA) Weekly Natural Gas Storage Report (WNGSR). This is the first week that Lower 48 states' working gas inventories have exceeded the previous five-year average since September 22, 2017. Weekly injections in three of the past four weeks each surpassed 100 Bcf, or about 27% more than typical injections for that time of year.

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