US natural gas in storage rose 56 Bcf in the week ended July 3, according to Energy Information Administration data released July 9, as electric generation boosted demand and the Henry Hub prompt-month contract continues to inch closer to the $2/MMBtu mark. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The estimated 56 Bcf build, to total underground gas storage stocks of 3.133 Tcf, was slightly above consensus expectations of an S&P Global Platts’ survey of analysts, which called for a 55 Bcf build. Responses to the survey ranged from an injection of 42 Bcf to one of 65 Bcf. The injection was smaller than the 83 Bcf build reported during the corresponding week in 2019 and the five-year average increase of 68 Bcf, according to EIA data. Summer heat intensified across the US Midwest and Southeast in the week that ended July […]