EIA Natural Gas Storage as of 5/15/26, as reported 5/21/26
*Working gas in storage was 2,391 Bcf as of Friday, May 15, 2026, according to EIA estimates. This represents a net increase of 101 Bcf from the previous week. Stocks were 33 Bcf higher than last year at this time and 149 Bcf above the five-year average of 2,242 Bcf. At 2,391 Bcf, total working gas is within the five-year historical range.
The NYMEX June contract closed at $3.00/MMBtu yesterday, a $0.11/MMBtu decrease from Tuesday’s close. This week, June has averaged $3.04/MMBtu, around $0.15/MMBtu above last week’s average of $2.89/MMBtu. It is trading at $3.04/MMBtu, up $0.03/MMBtu from yesterday’s close. Near-term, the market remains under pressure as LNG maintenance across Cameron, Freeport, and Golden Pass continues to weigh on feedgas demand, keeping nominations in the 18-19 Bcf/d range despite a three-week high in aggregate flows. Production has recovered to ~108-109 Bcf/d following last week’s maintenance-driven pullback, with yesterday’s print revised to 108.7 Bcf/d on Permian and NE intraday revisions, though offshore remains ~0.5 Bcf/d below earlier highs. Power burns are softer today on milder East and South Central weather, with cooler temps in the East and MW over the next few days likely to weigh on near-term gas demand before warmer weather returns next week. Mexican pipeline exports have picked up to 7.3 Bcf/d on the week. Cameron maintenance is expected to wrap by early next week, Golden Pass nominations, though volatile intraday, remain a key catalyst to watch as Train 1 continues its ramp.
*Source: U.S. Energy Information Administration (EIA) Weekly Natural Gas Storage Report
Working Gas in Underground Storage, Lower 48
Working Gas in Underground Storage vs. 5-Year Maximum and Minimum
Current Market
