U.S. Natural Gas Inventories Rise by 8.5 Billion Cubic Feet Last Week

On October 8, the U.S. Energy Information Administration (EIA) reported that natural gas inventories in the United States increased by 8.5 billion cubic feet to 3.50 trillion cubic feet for the week ending October 2, up from 3.415 trillion cubic feet the previous week. Current inventory levels are 3.6% below last year but 2.0% above the five-year average for this time of year. (Jiemian)