US Natural Gas Inventories Set for 152 Bcf Withdrawal

The anticipated decline would bring total underground storage to 2,062 Bcf for the week ended Feb. 13. This figure reflects a market balancing seasonal heating requirements against a slight easing of extreme temperatures in specific regions. According to the average estimate from 11 analysts and brokers surveyed by the Wall Street Journal, the projected 152 billion cubic feet withdrawal almost mirrors the five-year average of 151 Bcf for this specific period.

Market Impact and Storage Deficit

While the weekly movement appears routine, the broader storage picture remains tight. The current levels would leave domestic inventories 131 Bcf below the five-year average, a gap that continues to influence price sentiment in the energy sector. Analysts suggest that while the weather-driven demand is tempering, the structural deficit persists.

The U.S. Energy Information Administration (EIA) is slated to release the official inventory data on Thursday at 10:30 a.m. EST. These weekly reports serve as a critical barometer for the supply-demand balance in the North American energy market.