Midmorning Markets: All-Time High Storage Pull Fails to Impress Natural Gas Futures Traders

Natural Gas Intelligence · last updated February 5, 2026 – 6:30 AM

The U.S. Energy Information Administration (EIA) on Thursday said utilities withdrew 360 Bcf of natural gas from storage for the week ended Jan. 30. The record print reflected a brutal deep freeze in late January that sent heating demand soaring. The lofty EIA figure, however, had already been priced into Nymex natural gas futures.

Weekly EIA Lower 48 U.S. working gas in storage table detailing regional inventories, weekly withdrawals, implied year-ago levels and five-year averages for the week ending Jan. 30, 2026.

At A Glance:

EIA posts 360 Bcf withdrawal
159 South Central pull leads
Another large decrease expected

here today, more tomorrow

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