Increased natural gas production, interregional flows mitigate withdrawals from storage during winter 2018-19

(Mon, 29 Apr 2019) Working U.S. natural gas stocks entered the 2018–19 winter heating season below the five-year (2013-17) range in each of the storage regions in the Lower 48 states. However, increased U.S. natural gas production and interregional flows supplemented smaller-than-normal withdrawals from storage in most regions to supply winter heating demand for natural gas. Most of the U.S. working natural gas storage capacity is located in the three regions east of the Mountain region, and in that area, natural gas withdrawals followed this pattern.

U.S. natural gas inventories end withdrawal season at lowest level since spring 2014

(Fri, 19 Apr 2019) Working natural gas in storage in the Lower 48 states at the end of March totaled 1,137 billion cubic feet (Bcf) according to EIA’s <em>Weekly Natural Gas Storage Report</em>. As of March 31, the usual end of the natural gas withdrawal season, working natural gas inventories were 30% lower than the previous five-year average for that time of year. This end-of-season level was the lowest since 2014, when working natural gas inventories at the end of March 2014 totaled 837 Bcf.

EIA expects 2019 summer average residential electricity use to be lowest in five years

(Thu, 18 Apr 2019) EIA’s <em>Short-Term Energy Outlook</em> forecasts that the typical U.S. residential household will consume about 3,080 kilowatthours of electricity this summer (June through August), down 5% from the average summer consumption in 2018. If this forecast is realized, it would be the lowest level of electricity consumption per customer since 2014 and the second-lowest level since 2001. EIA expects summer electricity consumption will be lower than in 2017 because of milder projected temperatures.

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