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U.S. Natural Gas Storage Sees Biggest Surge Since 2019

6/6/2025

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Summary

Story summary

Natural gas storage in the U.S. surged by 122 billion cubic feet for the week ending May 30, 2025, reaching a total of 2.598 trillion cubic feet. This impressive rise marks the longest stretch of triple-digit increases since May 2019. While stocks are lower than last year, they still exceed the five-year average, ensuring a stable supply as summer demand heats up.

History

Historical Context

The surge in U.S. natural gas storage echoes the 2000-2008 crisis when rising demand and declining production led to price spikes. Today’s increase reflects improved supply management, driven by lessons learned from past shortages, ensuring stability as summer demand rises, despite lower stocks than last year.

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Story summary

Natural gas storage in the U.S. surged by 122 billion cubic feet for the week ending May 30, 2025, reaching a total of 2.598 trillion cubic feet. This impressive rise marks the longest stretch of triple-digit increases since May 2019. While stocks are lower than last year, they still exceed the five-year average, ensuring a stable supply as summer demand heats up.

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