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Natural gas inventories surpass five-year average for the first time in two years


  • When determining whether natural gas inventories are relatively high or low, EIA uses the average inventories for that same week in each of the previous five years.
  • Throughout the 2019 refill season, record levels of U.S. natural gas production led to relatively high injections of natural gas into storage and reduced the deficit to the previous five-year average.
  • The level of working natural gas inventories relative to the previous five-year average tends to be inversely correlated with natural gas prices.



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