Friday Addendum-I thought that gas number looked funny
Posted by zmann on October 27, 2006
The EIA has changed their tally of gas in storage one year ago. The historical data can be found here and remains unchanged showing 3,155 Bcf in storage one year ago.
Yesterday’s storage report shows year ago storage of 3,128 Bcf.
These guys have altered the historical data in for the report (and not commented on it) but not yet updated the historical data support files.
They’re now saying there was less gas in storage a year ago than they said so to account for it, they adjusted this week’s injection (and probably some intervening ones as well) downward to get to the end result they wanted.
That helps to explain why, in a week not THAT much colder than the prior one injections tumbled from 53 Bcf to 19. I keep an excel file of the storage figures and the only reason I noticed the change was that people were reporting a 333 Bcf surplus to last year vs mine at 306.
Way to slip one by everyone and report a tiny injection. Your tax dollars at work. Nice job guys.