The U.S. Energy Information Administration reported a weekly injection of 40 billion cubic feet (Bcf) into Lower 48 natural gas storage inventories for the week ending September 4, 2026 (Link). Total inventories now stand at 3,254 Bcf, 79 Bcf (2.4%) below year-ago levels and 148 Bcf (4.8%) above the 2021-2025 average for the same week.
Storage injections continued to lag historical benchmarks last week, according to this morning’s EIA report, which showed a 40-Bcf build into natural gas inventories. The build fell shy of the 52-Bcf five-year average and the 69-Bcf addition during the same week in 2025. This marked the fourth consecutive report in which the net storage addition lagged both benchmarks. Despite the stretch of relatively slow storage growth, inventories remain on a healthy trajectory heading into the fall shoulder season.
