U.S. Natural Gas Inventories Exceed Five-Year Average

America’s energy boom continues. In mid-October, working natural gas inventories in the lower 48 states exceeded their five-year average for the first time in more than two years, according to the U.S Energy Information Administration (EIA).

On a related note, a study unveiled this week found that natural gas end-users — including manufacturers — “have realized $1.1 trillion in savings since 2008 due to increased natural gas production in the Shale Crescent USA region (Ohio, Pennsylvania, and West Virginia).”

Meanwhile, the EIA reports that the U.S. now exports crude oil to more destinations than it imports from. 10/22/2019