Commodities Buzz: US natural gas storage down 25% on year says EIA

Working gas storage in the contiguous United States was 1,760 billion cubic feet in the week ending February 28, a net decrease of 80 billion cubic feet from the previous week, the US Energy Information Administration (EIA) said today. The total working gas storage dipped by 24.9% from this time last year, and was down by 11.3% from the five-year average, according to the EIA's Weekly Natural Gas Storage Report.

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