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U.S. Natural Gas Storage Reaches Highest Levels Since 2020 as Winter Heating Season Begins"

U.S. Natural Gas Storage Reaches Highest Levels Since 2020 as Winter Heating Season Begins"
blog image
Maritime

U.S. Natural Gas Storage Reaches Highest Levels Since 2020 as Winter Heating Season Begins"

The Lower 48 United States is entering the winter heating season with the highest natural gas storage levels since 2020. Estimates indicate that working natural gas in storage reached 3,776 billion cubic feet (Bcf) at the end of the natural gas injection season. This surplus is attributed in part to a mild 2022–23 heating season. With 5% more natural gas in storage than the previous five-year average and 7% more than last October 31, the U.S. is well-prepared for the winter, supported by full inventories at the start of the summer injection season. Net additions during the injection season were slightly below the five-year average and 9% less than in 2022.




SOURCE:GOOGLE



09 Dec 23
blog image
Maritime

U.S. Natural Gas Storage Reaches Highest Levels Since 2020 as Winter Heating Season Begins"

The Lower 48 United States is entering the winter heating season with the highest natural gas storage levels since 2020. Estimates indicate that working natural gas in storage reached 3,776 billion cubic feet (Bcf) at the end of the natural gas injection season. This surplus is attributed in part to a mild 2022–23 heating season. With 5% more natural gas in storage than the previous five-year average and 7% more than last October 31, the U.S. is well-prepared for the winter, supported by full inventories at the start of the summer injection season. Net additions during the injection season were slightly below the five-year average and 9% less than in 2022.




SOURCE:GOOGLE



09 Dec 23
blog image
Maritime

U.S. Natural Gas Storage Reaches Highest Levels Since 2020 as Winter Heating Season Begins"

The Lower 48 United States is entering the winter heating season with the highest natural gas storage levels since 2020. Estimates indicate that working natural gas in storage reached 3,776 billion cubic feet (Bcf) at the end of the natural gas injection season. This surplus is attributed in part to a mild 2022–23 heating season. With 5% more natural gas in storage than the previous five-year average and 7% more than last October 31, the U.S. is well-prepared for the winter, supported by full inventories at the start of the summer injection season. Net additions during the injection season were slightly below the five-year average and 9% less than in 2022.




SOURCE:GOOGLE



09 Dec 23