Financial Wire

US Natural Gas Inventories Rise 50 Bcf, EIA Says

US natural gas stockpiles in underground storage stood at 1,911 billion cubic feet for the week ending Apr. 3 up 50 Bcf from the previous week, the Energy Information Administration said in its weekly report Thursday.Inventories were 89 Bcf above year-ago levels and 87 Bcf above the five-year average of 1,824 Bcf.At 1,911 Bcf, total working gas remains within the five-year historical range, the EIA said.

-- US natural gas stockpiles in underground storage stood at 1,911 billion cubic feet for the week ending Apr. 3 up 50 Bcf from the previous week, the Energy Information Administration said in its weekly report Thursday.

Inventories were 89 Bcf above year-ago levels and 87 Bcf above the five-year average of 1,824 Bcf.

At 1,911 Bcf, total working gas remains within the five-year historical range, the EIA said.