Energy Market Assessment 3/24/17 Record-Large Natural-Gas Inventory Draw Confirms Trending Up Needs Much More

March 29, 2017

Figure 2

U.S. Working Natural Gas Inventory Withdrawal

Latest week comparison (Src: calculated from

  U.S. Energy Information Administration (EIA) data)

  Billion cubic feet per day

150 Bcf, 21.4 Bcf/d the new record large withdrawal for last week, 7.7 (56%) more than the week’s prior record set all the way back in 1999 and 16.5 (+437%) more than the week’s average confirms: natural gas is the major “Keep-us-comfortably-producing-prosperity” energy source and infrastructure decisions have demand growing at a consensus-beating pace.

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