US nat gas inventories end heating season above five-year average

Wednesday, 03 May 2017

Working gas storage in the United States as of March 31 stood at 2,051 billion cubic feet (Bcf), ending the most recent gas year around 15% above the five-year average. Responding to slightly higher prices, gas consumed in electric power generation fell 2.1 Bcf from the 2015–2016 heating season, but the drop was almost entirely offset by a 2.0 Bcf increase in US gas exports, according to data from PointLogic. 


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