Working natural gas inventories ended the winter heating season at 2,478 billion cubic feet (Bcf), exceeding the previous end-of-March record high of 2,473 Bcf, set in 2012, according to EIA’s Weekly Natural Gas Storage Report . Inventory withdrawals during the traditional heating season (November through March) were relatively limited this year because of winter weather that was the warmest on record and continued high levels of domestic natural gas production. Heading into the winter heating season, inventories were at a record high of 4,009 Bcf on November 20, 2015. In the previous five winters, the total withdrawal from the end of October through the end of March averaged 2,176 Bcf. In the most recent winter, weekly withdrawals were often smaller than the five-year average level, and the total withdrawal was only 1,475 Bcf. Source: U.S. Energy Information Administration, Weekly […]