Americas Storage
April 2018
Severely depleted gas stocks in the US are set to remain a concern during the injection season.
The US has continued to make weekly net gas drawdowns in April because of persistently cold weather, despite the official start of the injection season. The US had 37.78 bcm of gas in storage for the week ending 6 April, down by 35.2% on an annual basis and 21.9% below the five-year average. This equates to 27.9% of the storage capacity in the lower 48 states.
Storage operators in the...