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US Natgas End-of-Season Storage Seen at Three-Year Low in October

Business & Policy
August 12, 2026

(Reuters) U.S. natural gas storage is on track to end the April-October summer injection season at a three-year low of 3.872 trillion cubic feet (tcf) on October 31, 2026, according to analysts’ estimates.

That compares with a two-year low of 3.929 tcf at the end of October in 2025 and a five-year (2021-2025) average of 3.782 tcf.

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Looking ahead, analysts estimate stockpiles are on track to end the November 2026-March 2027 winter withdrawal season at a five-year low of 1.801 trillion cubic feet (tcf) on March 31, 2027.

That compares with a two-year high of 1.906 tcf of gas in storage at the end of the winter withdrawal season in 2026 and a five-year (2022-2026) average of 1.859 tcf.

The 375 active storage fields in the Lower 48 states had a design capacity of 4.683 tcf in November 2025, according to the latest federal data available.

Reporting by Scott DiSavino