Economy

US Natural Gas Inventories Surge: A 110 Bcf Weekly Increase Signals Market Shifts

Weekly Storage Update

According to the latest report from the Energy Information Administration (EIA), the United States has seen a significant increase in natural gas inventories. The week ending February 14 recorded working gas in storage at 2,255 billion cubic feet (Bcf), marking a net increase of 110 Bcf from the previous week.

Annual and Historical Comparisons

On an annual basis, the natural gas stockpiles have decreased by 375 Bcf. However, the current levels are 57 Bcf above the five-year average of 2,198 Bcf, positioning the total working gas comfortably within the five-year historical range.