Warm weather leads to first recorded natural gas storage injection in February

U.S. Energy Information Administration ------- Warmer than normal weather throughout much of the United States resulted in the first recorded net natural gas injection during a week in February since weekly storage data has been collected. For the week ending February 24, the amount of natural gas in storage in the Lower 48 states increased 7 billion cubic feet (Bcf). While some weeks during March in previous years had recorded injections, net injections of natural gas into storage do not typically occur until at least April. Weekly changes in natural gas storage reflect changes in natural gas consumption, production, and, to a lesser extent, trade. Natural gas consumption is particularly sensitive to fluctuations in weather. Not only is natural gas consumed directly by furnaces and boilers in homes and businesses for heating, but natural gas is also used to generate electricity, which then fuels electric heat pumps and radiant heaters. To learn more click on the picture below to read the article.