January 24, 2025 14:44 GMT
US NATGAS: US Natgas Storage to End Winter at 3-Year Low: Reuters
US NATGAS
US natural gas storage is on track to end the Nov-March winter withdrawal season at a three-year low of 1.754 tcf on March 31, according to analysts’ estimates collected by Reuters.
- That compares to an eight-year high of 2.306 tcf over the same period in 2024 and the five-year average of 1.878 tcf.
- The April-Oct summer injection season is projected to boost storage to 3.604 tcf by Oct. 31, the lowest in three year.
- The five-year average for storage levels by Oct. 31 is 3.783 tcf.
- The 384 active storage fields in the lower 48 states had a design capacity of 4.666 tcf in Nov. 2023.
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