Weekly Natural Gas EIA Storage Report for September 16th

By: Miguel A. Rodriguez

18:46, 16 September 2021

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Here are the latest details from the U.S. Energy Information Administration regarding natural gas inventories for this week.

The working gas in storage for this week was brought up to 3,006 bcf as of Friday, September 10, 2021, based on EIA estimates. According to EIA, this represents a net increase of 83 bcf from the previous week, while gas stocks had 595 bcf less than last year for this exact time and 231 bcf below the 5-year average of 3,237 Bcf.

Leveling to 3,006 bcf, the total working gas can be seen as within the 5-year historical range for this season and time period.

Sources: ir.eia.gov

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This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided. 

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