Natural Gas Storage Report: Week of January 17th
Natural gas storage levels fell -223 Bcf to 2,892 Bcf last week, a large draw but less than the -270 Bcf that was expected. Storage levels compared to a year ago are down -1.9%, up from -3.4% in the week before. Compared to the 5-year average, gas levels are only 0.7% larger, down from 2.5% in the week before.