Americas Storage
May 2018
US storage operators will find it challenging to sufficiently replenish gas stocks before the 2018-2019 withdrawal season.
The harsh 2017-2018 winter and the persistence of the cold weather into April, has severely depleted US gas inventories. The country officially entered the injection season in April, but cold weather led to net drawdowns of gas stocks in the first three weeks of the month. Consequently, the US had 43.52 bcm of gas in storage in the week ending 11 May, marking a fall of 34.8% on an...