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U.S. Gas Storage Inventories May Surpass Last Summer's Record

The Energy Information Administration (EIA) released figures yesterday reporting that 99 Bcf net of natural gas was injected into U.S. storage during the week ending June 22, bringing current gas inventories to 2.443 trillion cubic feet (Tcf). Platts LNG
June 28, 2007

The Energy Information Administration (EIA) released figures yesterday reporting that 99 Bcf net of natural gas was injected into U.S. storage during the week ending June 22, bringing current gas inventories to 2.443 trillion cubic feet (Tcf). Platts LNG Daily [subscription required] reports that some analysts believe that steady LNG imports and current storage injection trends may allow the gas industry to exceed last summer’s peak storage inventory of 3.452 Tcf.

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