U.S. NatGas Inventories At 11-Year Low
But adequate refill expected before next fall
Injection compressors at natural gas storage sites will be kept humming this summer to overcome a larger-than-usual draw on inventories during the unusually cold winter.
The privately owned inventories, which are mostly in former underground salt domes and depleted gas fields, are used to supplement normal pipeline supplies during the winter heating season.
The U.S. Energy Information Administration (EIA) has reported that working natural gas inventories in the Lower 48 States started the injection season on April 1 at 824 Bcf (23.3 x 109 m3 ), their lowest level since April 1, 2003, following a record winter withdrawal of 2970 Bcf (84.1 x 109 m3 ).