The Fill Rate? 87; The West Region Had A Fill Rate Of Only 8 BCF -- October 30, 2014

The magic number is now more than 100 as winter approaches.

More is better if one is worried about preparation for the winter.

The number today: 87. At the link, scroll down to see the graph.

See "NG_Fill_Rate" at bottom of blog for past posts on this subject.

This link probably explains the most.

Wow, wow, wow -- 87. Yes, as we move into autumn, the fill rate will start to decrease, as consumers start to use more natural gas. I understand that. What is fascinating to watch is the delta between current fill rate and historical ranges, and historical average. The EIA's statement:

Stocks were 294 Bcf less than last year at this time and 310 Bcf below the 5-year average of 3,790 Bcf. In the East Region, stocks were 130 Bcf below the 5-year average following net injections of 41 Bcf.

Stocks in the Producing Region were 146 Bcf below the 5-year average of 1,223 Bcf after a net injection of 38 Bcf.

Stocks in the West Region were 34 Bcf below the 5-year average after a net addition of 8 Bcf.

At 3,480 Bcf, total working gas is below the 5-year historical range.