Natural gas in natural gas storage units in the United States grew last week and is 8.2 percent above the five-year average for this time of year, a government report said Thursday, according to the Associated Press in Washington, D.C.
The United States Energy Department's Energy Information Administration said in its weekly report that natural gas inventories held in underground storage in the lower 48 states increased by 63 billion standard cubic feet to more than 3.13 trillion standard cubic feet for the week ending Sept. 14, 2007.
The natural gas inventory level was well above the five-year average of 2.89 trillion standard cubic feet in underground storage, but slightly below last year's storage level of more than 3.16 trillion standard cubic feet, according to the government data.
In morning commodity trading, natural gas for October 2007 delivery fell 10 cents to $6.08 per 1,000 standard cubic feet on the New York Mercantile Exchange.
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