U.S. Begins Winter with Most NatGas in Storage Since 2020
According to the U.S. Energy Information Administration (EIA), the best number crunchers in the business, working natural gas in storage in the Lower 48 United States ended the natural gas injection season at 3,776 billion cubic feet (Bcf). The Lower 48 entered the winter heating season, which runs from November 1–March 30, with the most natural gas in storage since 2020. This is yet another reason why we're seeing low low low natural gas prices. Extra supply with the same (or less) demand equals lower prices. It's Economics 101.
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