GREY:BXEFF - Post by User
Post by
defuncton May 01, 2014 11:16am
312 Views
Post# 22512555
Looks like we will be.........
Looks like we will be.........Heading into next winter with a huge deficit. Bodes well for higher prices.
| | Historical Comparisons |
Stocks billion cubic feet (Bcf) | | Year ago (04/25/13) | 5-Year average (2009-2013) |
Region | 04/25/14 | 04/18/14 | net change | implied flow | | (Bcf) | % change | (Bcf) | % change |
East | 362 | | | 328 | | | 34 | | | 34 | | | | 701 | | | -48.4 | | | 828 | | | -56.3 | | |
West | 191 | | | 178 | | | 13 | | | 13 | | | | 338 | | | -43.5 | | | 313 | | | -39.0 | | |
Producing | 428 | | | 393 | | | 35 | | | 35 | | | | 731 | | | -41.5 | | | 824 | | | -48.1 | | |
Salt | 104 | | | 89 | | | 15 | | | 15 | | | | 196 | | | -46.9 | | | 169 | | | -38.5 | | |
Nonsalt | 324 | | | 304 | | | 20 | | | 20 | | | | 535 | | | -39.4 | | | 655 | | | -50.5 | | |
Total | 981 | | | 899 | | | 82 | | | 82 | | | | 1,771 | | | -44.6 | | | 1,965 | | | -50.1 | | |
|
Summary
Working gas in storage was 981 Bcf as of Friday, April 25, 2014, according to EIA estimates. This represents a net increase of 82 Bcf from the previous week. Stocks were 790 Bcf less than last year at this time and 984 Bcf below the 5-year average of 1,965 Bcf. In the East Region, stocks were 466 Bcf below the 5-year average following net injections of 34 Bcf. Stocks in the Producing Region were 396 Bcf below the 5-year average of 824 Bcf after a net injection of 35 Bcf. Stocks in the West Region were 122 Bcf below the 5-year average after a net addition of 13 Bcf. At 981 Bcf, total working gas is below the 5-year historical range.