Storage inventories increased by 26 Bcf to 3.241 Tcf for the week ended July 24, the US Energy Information Administration reported July 30. Receive daily email alerts, subscriber notes & personalize your experience. Register Now US natural gas in underground storage increased by the lowest net volume of the injection season last week under record-setting gas-fired generation demand, but a lowered demand outlook for August prompted the NYMEX Henry Hub balance-of-summer contract strip to retreat. The injection was more than an S&P Global Platts survey of analysts calling for a 23 Bcf build. The injection measured less than the 56 Bcf build reported during the same week last year as well as the five-year average gain of 33, according to EIA data. It was the smallest net injection of the year. Storage volumes now […]