Working gas in storage was 1,653 Bcf as of Friday, May 10, 2019, according to EIA estimates. This represents a net increase of 106 Bcf from the previous week.
Stocks were 130 Bcf higher than last year at this time and 286 Bcf below the five-year average of 1,939 Bcf. At 1,653 Bcf, total working gas is within the five-year historical range.
The June-July-August (JJA) 2019 temperature outlook indicates that above normal seasonal mean temperatures are most likely for the eastern and western thirds of the US, including Alaska. Below normal seasonal mean temperatures are more likely for parts of the Central Plains.
The JJA 2019 precipitation outlook indicates that above normal seasonal total precipitation is most likely for much of the US, including the interior West across much of the Great Plains into the Central Mississippi and Ohio Valleys, stretching to the Mid-Atlantic coast. The greatest probabilities for above normal seasonal total precipitation are for areas of the Central Rockies. Below normal precipitation is more likely for a small area of the Pacific Northwest near the coast as well as southern Arizona. Above normal precipitation is more likely for most of Alaska. The earliest leads generally reflect the combined impacts of soil moisture, trends, and ENSO. Subsequent leads emphasize the evolution of long-term trends and ENSO impacts, the latter of which affect the forecast only through JFM 2020.