During the recent “cold snap” that affected much of the eastern United States, more natural gas was withdrawn from storage fields than at any other point in history. (Yes, the U.S. Energy Information Administration called our latest bout of record cold in at least 7 states a “cold snap.”)
Net withdrawals totaled 359 billion cubic feet (Bcf) for the week ending January 5, 2018, exceeding the previous record of 288 Bcf set four years ago by 25%.
Near the end of December 2017 and continuing into January, temperatures in the Lower 48 states, especially in the eastern half of the country, were significantly lower than normal. Similar to January 2014, sustained periods of cold temperatures resulted in high natural gas demand for heating, contributing to increased withdrawals from storage.
Weekly net withdrawals have totaled at least 249 Bcf only 10 times since 1993, most recently in January 2015, and have never exceeded 300 Bcf. Of the 10 largest storage pulls on record, four occurred during the winter of 2013–14, which was significantly colder than normal.
U.S. Energy Information Administration
Weekly Natural Gas Storage Report
Thanks to Paul Clent for these links