Natural Gas Storage: +109 Bcf

The streak of triple-digit builds extends to 7 weeks.

The U.S. Energy Information Administration reported a weekly injection of 109 Billion Cubic Feet (Bcf) in Lower 48 natural gas storage inventories for the week ending June 6, 2025 (Link).  Total inventories now stand at 2,707 Bcf, 256 Bcf (8.6%) below year-ago levels and 139 Bcf (5.4%) above the 2020-2024 average for the same week. 

This morning’s storage report showed yet another outsized injection into underground inventories. The 109-Bcf build for the week ended June 6 was the seventh straight to exceed 100 Bcf and the eight consecutive to outpace both last year and the five-year average, which added 77 and 87 Bcf, respectively. The surplus to five-year average inventories expanded to 139 Bcf, which is the widest since January 3, while the deficit to year-ago stocks is now at its narrowest since early February. Storage has grown by 773 Bcf over the past 7 weeks, falling just shy of the 774 Bcf added over a 7-week stretch during the spring and early summer of 2014 as inventories were recovering from historic lows.