Natural Gas Storage: +50 Bcf
Storage grows by 50 Bcf to mark the start of the traditional injection season.
The U.S. Energy Information Administration reported a weekly injection of 50 billion cubic feet (Bcf) from Lower 48 natural gas storage inventories for the week ending April 3, 2026 (Link). Total inventories now stand at 1,911 Bcf, 89 Bcf (4.9%) above year-ago levels and 87 Bcf (4.8%) above the 2021-2025 average for the same week.
Today’s report marked the start of the traditional injection season, with inventories posting a 50-Bcf build for the week ended April 3. The build was slightly lower than the 53-Bcf injection for the same week last year and came in well above the five-year average build of 13 Bcf. Inventories sit at a relatively modest surplus to both benchmarks heading into the summer.
The 50-Bcf headline number doesn’t tell the full story, as the report also included a revision to the previous week’s stocks. Inventories were initially reported at 1,865 Bcf as of March 27, but the revision took week-ago storage levels down to 1,861 Bcf. This implies that the net weekly change from March 20 to March 27 was actually 32 Bcf rather than the initially reported 36 Bcf. The revision was entirely in South Central salt storage and does not materially change the overall storage situation.
