• Safi Bello

U.S. natural gas storage capacity increased slightly in 2016

U.S. Energy Information Administration ------- For the past three years, underground natural gas storage capacity in the Lower 48 states has changed by relatively small increments compared to the changes in 2012 and 2013. No new storage facilities have entered service since 2013, so recent annual changes in both storage design capacities and demonstrated maximum working gas volumes reflect the aggregate effect of small changes at existing facilities. The relatively small change in natural gas storage capacity over the past three years is likely a reflection of long-term trends, such as higher levels of natural gas production, the proximity of production to consuming markets in the Northeast and Midwest, and the lower price premium for natural gas during the winter. These trends may reduce reliance on storage as a source of supply during periods of elevated demand, such as during cold winter months. To learn more click on the picture below to read the article.

U.S. natural gas storage capacity increased slightly in 2016 - Read More from EIA

1 view
Featured Posts
Recent Posts
Follow Us
  • Instagram
  • Pinterest
  • Tumblr Social Icon