Record-High NatGas Withdrawals from Storage for Week Ending Jan 30

Winter Storm Fern left a historic chill on the energy market, driving natural gas stocks in the Lower 48 down by 360 billion cubic feet (Bcf) for the week ending January 30, 2026—the largest weekly withdrawal ever recorded in the history of the report. This massive dip, fueled by a "perfect storm" of surging heating demand and weather-related production freezes, exceeded the five-year average by a staggering 89% (170 Bcf) and pushed current inventories 1.1% below the five-year average for this time of year.

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